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QUESTION 6 The blank columns are provided for you as workspace-only answers to the multiple choice questions are graded Selling Total Marginal Profit Marginal Total Cost Revenue Revenue Cost Scooters (5) ($) |($) ($) Quantity of Price ($) 0 1000 1 1700 1600 2 1400 2000 3 1100 2500 44 800 3100 What is the profit maximizing output level of the firm? O more than 4 scooters O O scooters O 3 scooters 04 scooters O 1 scooters QUESTION 7 The blank columns are provided for you as workspace-only answers to the multiple choice questions are graded. Selling Total Marginal Profit Marginal Total Cost Revenue Revenue Cost Scooters ($) ($) (S) (S) ($) (S) Quantity of Price 0 1000 1 1700 1600 2 1400 2000 1100 2500 4 800 3100 What is the highest level of profits the scooter producer can attain? O $3,300 $ 800 O $ 600 O $1,000 O $ 100