EC questions

1. and average products of that function. Label the stages of the function. Make sureyour graph and stages show the correct relationships between MP, AP, and the stages.  2. A clothing store is considering implementing a job training program for temporaryworkers during the holiday rush, in a perfectly competitive labor market:MRPUntrained $100/dayDuring training $20/dayTrained $150/dayTraining lasts for 2 weeks (5 work days/week), and workers would remain employedfor 6 more weeks after training is over. (a) Suppose that this training involves learning to use the cash register, properlyfolding clothes, and basic customer service. Who would benet from this training,the workers or the rm? Would that party choose to implement the trainingprogram, or not? If it were implemented, what would worker pay be during eachperiod (before, during, and after training)? (b) Now suppose the training involves learning the specic policies of the companyand more about their specic clothing lines. In this case, which party wouldbenet from the training? Would it be implemented? And what would workerpay be during each period?

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