Can someone help me on the 3rd and 4th question of these microeconomics problems.

Question 1 (0.5 points) Saved Question 1. a) b) Fill-in blank question Production Cost (3 marks) [Ch. 13] Hint: See Tutorial Handout 5 The cost information for a firm is given by the following table. Assume that labor is paid a constant wage and capital is paid a constant price, i.e., this firm is a price-taker both in the labor and capital markets. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. L K Q VC FC TC AVC AFC ATC MC MPL 0 45 0 90 --- --- --- --- --- 1 45 2 45 3 3 45 6 4 45 5 5 45 3 6 45 108 1a. What is the fixed cost of this firm? Blank 1 b. What is the wage rate? Blank 2 What is the price of a unit of capital? Blank 3 Blank # 1 90 Blank # 2 18 Blank # 3 2Question 2 (1 point) Saved Question 1. Fill-in blank question Production Cost (3 marks) [Ch. 13] Hint: See Tutorial Handout 5 The cost information for a firm is given by the following table. Assume that labor is paid a constant wage and capital is paid a constant price, i.e., this firm is a price-taker both in the labor and capital markets. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. K Q VC FC TC AVC AFC ATC MC MPL 0 45 0 90 --- --- --- --- --- 45 2 45 3 3 45 6 4 45 Blank 1 U 5 45 Blank 2 3 45 108 1c. Please complete the above table with specific numbers (compute your answer to the nearest tenth?). Blank 1 Blank 2 Blank # 1 15 Blank # 2 6.0Question 3 (0.5 points) Saved Question 1. d) e) f) g) Fill-in blank question Production Cost (3 marks) [Ch. 13] Hint: See Tutorial Handout 5 The cost information for a firm is given by the following table. Assume that labor is paid a constant wage and capital is paid a constant price, i.e., this firm is a price-taker both in the labor and capital markets. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. L K Q VC FC TC AVC AFC ATC MC MPL O 45 0 90 --- --- --- --- 45 2 45 3 3 45 6 4 45 5 5 45 3 6 45 108d. At what level of output and labor usage does marginal cost attain its minimum? --- Marginal cost attains its minimum at output level [Blank 1] and labor usage [Blank 2] e. At what level of output and labor usage is AVC at its minimum? --- at output level [Blank 3] and labor usage [Blank 4] f. At what level of output and labor usage is ATC at its minimum? --- at output level [Blank 5] and labor usage [Blank 6] g. At what level of labor usage does the law of diminishing returns rst occur? --- at output level [Blank 7] and labor usage [Blank 8] \fQuestion 4 (1 point) Saved Question 1. g) Fill-in blank question Production Cost (3 marks) [Ch. 13] Hint: See Tutorial Handout 5 The cost information for a firm is given by the following table. Assume that labor is paid a constant wage and capital is paid a constant price, i.e., this firm is a price-taker both in the labor and capital markets. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. Note: L is labor; K is capital; Q is output; VC is variable cost; FC is fixed cost; TC is total cost; AVC is average variable cost; AFC is average fixed cost; ATC is average total cost; MC is marginal cost; and MPL is the marginal product of labor. L K Q VC FC TC AVC AFC ATC MC MPL 0 45 0 90 --- --- --- --- --- 45 2 45 3 3 45 6 4 45 5 45 3 6 45 108g) Suppose the price of output is $18. Fill in the following table using the information you gathered in the previous table. L Q TR TC Prot 0 0 90 1 BlankZ 2 3 4 6 Blank] i) At what production level does the rm get its maximum prot? --- At output level [Blank 3] and labor usage [Blank 4]