Ramin MMC produces refrigerators for retail sales and pays all their workers (10+N) AZN per hour and incur ((N*2) + 500) AZN of fixed costs per week. The following table indicates their weekly production function using labour as their only variable input: (A) Using the above information, create a table and calculate the marginal product (MP) average product (AP), total cost (TC), and marginal cost (MC).
(B) Please graph the upper shown indicators (MP, AP, TC, MC)
(C) Do we observe increasing, constant, diminishing returns to labour or some combination of the three? Explain.