Assignment 1Complete the table (Table 1) below then draw the following curves: T

Assignment 1Complete the table (Table 1) below then draw the following curves: Table showing the Average and Marginal product of labour for a hypothetical firmAmount of labour( units)Amount of capital(No. of machines)Output of parts(Q hundreds of parts)Average product (Q/L)Marginal product(Q/L) 05 0 15 494949 251326683 3524381** 4537694133 55525**149 65684114159 6.6665792.59120.09*** 75847****163 851008126161951161*******10513001301391151419***1191251512126931351573121****1451596****231551575105******Use the information from the completed table and the graphs to identify the three stages of production and explain why the firms short run production has only one rational stage of production.Assignment #1