Any help appreciated

1. Your company utilizes both employees (L) and specialized robots (R) in its production process. The hourly wage of employees is $25, and the hourly cost of operating a robot is $250. The table below describes how the number of each type of input affects output or product (in a marginal way). Number of Marginal product Number of robots Marginal product employees (L) of labor (MPL) (R) of robots (MPR) YOURWN- 35 450 30 400 25 350 20 300 15 250 10 un 200 150 a. Given the much higher productivity of robots, why would the company consider using employees in its b. production? Given its budget, the company is currently using five employees and two robots, is this an ideal combination of inputs? Why or why not? C. During its slow season, the company reduces its employees to four; what would be the optimal number of robots to use in this situation? d. During the normal season when the company uses five employees, what would be the optimal number of robots to use? 2. Your company has estimated its total cost to be TC = $4,000 + 2Q + 0.012Q%; its marginal cost is thus MC = 2 + 0.024Q, where Q is the quantity of units produced and TC is in dollars. Since your market is relatively competitive, your company is able to sell its output for $122.00 each (which thus yields MR = 122 and TR = 122Q). a. Produce a chart in Excel showing TC and TR with Q on the horizontal axis. Have Q go from 0 to 10,000 units (each row of your Q column can increase by a relatively large number so that your table isn't huge). Produce a second chart showing MC and MR with Q again on the horizontal axis. What is the optimal level of output for your company to produce/sell? What is the marginal revenue from the last unit sold? c. What are the total revenue, total cost, and profit (net benefitet revenue/etc.) from selling