Question 3 Look at the table below giving the production function in a hypothetical country. # of workers 1 Total Output 200 2 370 3 520 4 660 5 780 6 890 7 995 8 1090 9 1170 10 1220 Marginal Output Average Output a) b) c) d) f) Complete the columns for marginal output and average output. Now suppose there are two countries with 2 factors of production labor and capital. Each country has a fixed amount capital and labor. Suppose Home is capital abundant and has only 2 units of labor while Foreign is labor abundant and has 8 units of labor. Calculate the rewards of labor and capital in each country. Now suppose the two countries open their borders to migration. Which is going to be the host country for migration and which is going to be the source country? How many workers are going to migrate? Calculate the impact of migration on the following: i) wages of native workers in the host country; ii) wages of workers left behind in the source country; iii) impact on capital owners in the host country; impact on capital owners in the source country; v) world output. In light of the answer to part d) above, state who is going to oppose migration and who is going to support it. If you were a policymaker interested in maximizing world output, would you support or oppose migration?

I really need some help on the below. I am not sure what topics i should be covering in each answer. The Federal Department of Industry and Science has cut its price forecast for iron ore in 2015 by 10 per cent to $US54.40 a tonne, citing a weak outlook for China's steel sector. The commodity - which climbed as high as $US65.61 a tonne on June 11, the peak in its recent rebound from April lows - was bringing $US61.29 on Monday night and many analysts predicted further falls. The department's forecast for 2016 was $US52.10 a tonne. "China's steel production is forecast to contract in 2015 and 2016 as the seaborne supply of iron ore increases," the department said in its latest quarterly update. Iron ore is a key ingredient of steel. Question 1 - Using demand and supply analysis, explain the impact of the change in commodity price on the market for iron ore mine workers.

please do d and e now please

Plz write detailed information as much as you can Plz be specific