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The following table shows Farmer Parkers revenue, cost, and profit from wheat farming QuantityTota (bushels) Revenue Total Cost Profit Revenue Cost Marginal Marginal $000 4.00

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The following table shows Farmer Parkers revenue, cost, and profit from wheat farming QuantityTota (bushels) Revenue Total Cost Profit Revenue Cost Marginal Marginal $000 4.00 $2.00-2.00 3.00 2.00 1.50 2.00 5.00 1.00 4.00 4.00 4.00 4.00 4.00 4.00 12.00 8.50 16.00 1050 20.00 1300 7.00 2400 17.00 28.00 2150 6.50 32.00 2850 3.50 3600 3800-200 40.00 3.50 5.50 7.00 4.00 4.50 7.00 9.50 12.50 4.00 10 Farmer Parker s proMair inng level o n doto n is 6 bushels of whea. Atts level of proacti he produces tkwing ne neMwpnal Remse.Magnal Costard ear she ma mum piible po tri, oa Farmer Parkersfixed costs are s (Enter yourresponserounded b hodetinal places) Suppose that fioxed costs increase by $1.00 Farmer Parkers new proft-maximizing level of production ater the increase in fixed costs isbushels of wheat The amount of profit that Farmer Parker will eam ater the increase in txed costs is ne your esonse rounded to 0o decimal places)

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