Question: need quickly, will like!!! Use the following table to answer Questions 4-6. The blank columns are provided for you as workspace only answers to the

Use the following table to answer Questions 4-6. The blank columns are provided for you as workspace only answers to the multiple choice questions are graded. Marginal Revenue Selling Total Quantity of Price Revenue Scooters ($) ($) 0 1 1700 2 1400 3 1100 4 800 Total Marginal Profit Cost Cost ($) ($) |($) 1000 1600 2000 2500 3100 4. If the scooter producer decides to make and sell 2 scooters rather than 1 scooter, how much additional (ie, marginal) revenue will the firm gain? a) So b) $ 1,100 c) $1,400 d) $ 2,800 e) $ 4,000 5. What is the marginal cost of producing the second scooter? a) $ 400 b) $ 600 c) S 1400 d) $ 1600 e) $ 2800 6. If the scooter producer makes I scooter, how much profit will it take in? a) $-1000 b) $ 100 c) S 600 d) $ 1,600 e) $1,700
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