QUESTION 3. SCENARIO (C) for the next three questions: The Uphill Corporation is a small firm which manufactures bicycle pedals in Storrs, Connecticut. # of Workers # of Bicycle Pedals per month Produced per month 0 0 1 200 2 400 3 600 4 700 5 800 3A. The relationship described in the above scenario is called a A. marginal function. B. cost function. C. demand curve. D. production Function 3B. How many additional pedals can be manufactured when Uphill Corporation increases its work force from 3 to 4 members? 3C. What is the average product of labour when five workers are hired per month? 3D. To economists the main difference between the short run and the long run is that A. the law of diminishing marginal returns applies in the long run, but not in the short run. B. in the long run all resources are variable, while in the short run at least one resource is fixed. C. fixed costs are more important to decision making in the long run than they are in the short run. E. in the short run all resources are fixed, while in the long run all resources are variable