Question 1 Part 1 15 marks Cecilia owns gmozen Yogurt, a small shop that sells cups of frozen yogurt. The business owns three frozen-yogurt machines. Other inputs are refrigerators, frozen-yogurt mix, cups, sprinkle toppings, and, of course, workers. She estimates that her daily production function when she varies the number of workers employed (andl at the same time, of course, yogurt mix, cups, and so on) is as shown in the accompanying table. Quantity of labour (workers) Quantity of Frozen Yoghurt cups = 0 a. Name the fixed inputs and variable inputs in the production of cups of frozen yogurt? (3 marks) b. Calculate the Marginal Product corresponding to each worker and record it in the column above. You will need to copy this table in your answer when submitting this assessment. (6 marks) c. Identify at which point the Law of Diminishing Marginal Returns start working? In your own words, explain how you know. (2 marks) d. Using this example, explain why every firm, as it hires more people in an attempt to increase its production, will sooner or later hit the range of diminishing marginal returns. (4 marks)