Suppose your business prints wedding invitations. You purchased a printer for $6000. Paper costs you $1 a page. Fill in the table below and circle the minimum ATC and minimum AVC. (4 pts.) Number of Invitations (pages) Fixed Cost (FC) Labor 0 1 2 3 4 0 5 30 2. Suppose the cost of labor per unit (per week)-$1000. Fixed cost (per week)-$500. The price of the product-$100. (6 pts.) Marginal Revenue (MR) Output Marginal Product of Labor (MPL) Total Cost (TC) Total Revenue (TR) 50 100 1,000 0 15 25 31 39 Variable Cost (VC) 43 Average Variable Cost (AVC) Total Cost (TC) How many units of output should be produced? Average Total Cost (ATC or AC) Profit (n)