Please help i want to make sure i am doing these problems correctly thank you MP and MRP, and Profit-Maximization Questions:If tacos sell for $2.50, and wage=$12.50, answer questions #1-#3Worker-Hours0123456789c. 7.5d. 6201528384754596264651. What is the MP of the 5th worker-hour?a. 10b. 7c. $2d. $12.50Tacos2. What is the MRP of the 8th worker-hour?a. $5b. $160MP(Question #1)MRP(Question #2)3. How many worker-hours should this firm employ to maximize profit?a. 5b. 6c. 9d. 24. Production Function General Form QuestionWhat is the general form of the production function, as discussed in class?a. Q=f(Employment, Capital) Inited States4. Production Function General Form QuestionWhat is the general form of the production function, as discussed in class?a. Q=f(Employment, Capital)b. Q=f(Employment, Wage)c. Q=f(Revenue, Cost)d. Q=f(Price, Wage, Rental Rate of Capital)5. Production Function Question:Why don't we care about production-maximization in the context of this course?a. There is no hard boundary to production-maximization.b. Maximizing production would simply demand E*=everyone, and K*=all of it.c. Without a cost function or any type of constraint, production-maximization istrivial.All of the above.d.6. Profit Maximization by Choosing E*Suppose the hourly wage w=$25, the price of capital r=$20, and the price of outputP=$100 in a perfectly competitive setting. Further, assume we are in the short run,and as such, capital is fixed at K=100 units.If the production function is Q=f(E,K)=K¹/2E1/2, what is E*, the optimal level of labor?(numbers only, if the answer is "10 workers", type "10" ONLY, without quotations)7. Profit Maximization by Choosing E*Suppose the hourly wage w=$25, the price of capital r=$20, and the price of outputP=$100 in a perfectly competitive setting. Further, assume we are in the short run,and as such, capital is fixed at K=100 units.If the production function is Q=f(E.K)=K1/2E1/2, what is the optimal level of profits?(numbers only, if the answer is "$10", type "10" ONLY, without quotations)

Marginal Product refers to the additional output generated due to employment of an additional input…

MP and MRP and Profit-Maximization Questions: If tacos sell for $2.50, and wage=$12.50, answer questions #1-#3 MP Worker-Hours 0 1 2 3 4 5 6 7 8 9 c. 7.5 d. 62 0 15 28 38 47 54 59 62 64 65 1. What is the MP of the 5th worker-hour? a. 10 b. 7 C. $2 d. $12.50 Tacos 2. What is the MRP of the 8th worker-hour? a. $5 b. $160 (Question #1) MRP (Question #2) 3. How many worker-hours should this firm employ to maximize profit? a. 5 b. 6