We R' Write has collected some cost information for you regarding the production of pens. In the table below, you are provided with the total output of pens per day corresponding to different levels of labor. You are also provided with the price of labor per day, the total fixed costs per day, and the price per pen.

Currently, We R' Write is using 75 employees on the production line. Is this level producing maximum profits? How did you determine this answer?

What is the level of profit made when 90 workers are used per day to produce pens? How did you determine this?

Should We R' Write continue to produce or temporarily shut down in the short run, if 12,000 pens are produced per day? Why, or why not?

At what level of output and workers used are profits maximized? Identify two ways you can find this maximum profit using the information in the table below.

			Round these answers to the nearest whole number	Round these answers to the nearest penny
Output (Pens Produced)	Number of Workers Employed per Day	Price of Labor per Worker per Day	Total Variable Cost of Labor	Total Fixed Costs per Day	Total Cost per Day	Price per Pen	Total Revenue	Profit	Average Variable Cost	Average Fixed Cost	Average Total Cost	Marginal Cost	Marginal Revenue
0	0	$560	$0.00	$500	$500	$3.50	$0.00	-$500	---	---	---	---	---
1,000	15	$560	$8,400	$500	$8,900	$3.50	$3,500	-$5,400	$8.40	$0.50	$8.90	$8.40	$3.50
2,700	30	$560	$16,800	$500	$17,300	$3.50	$9,450	-$7,850	$6.22	$0.19	$6.41	$4.94	$3.50
5,100	45	$560	$25,200	$500	$25,700	$3.50	$17,850	-$7,850	$4.94	$0.10	$5.04	$3.50	$3.50
7,900	60	$560	$33,600	$500	$34,100	$3.50	$27,650	-$6,450	$4.25	$0.06	$4.32	$3.00	$3.50
12,000	75	$560	$42,000	$500	$42,500	$3.50	$42,000	-$500	$3.50	$0.04	$3.54	$2.05	$3.50
15,700	90	$560	$50,400	$500	$50,900	$3.50	$54,950	$4,050	$3.21	$0.03	$3.24	$2.27	$3.50
18,100	105	$560	$58,800	$500	$59,300	$3.50	$63,350	$4,050	$3.25	$0.02	$3.28	$3.50	$3.50
20,300	120	$560	$67,200	$500	$67,700	$3.50	$71,050	$3,350	$3.31	$0.02	$3.33	$3.82	$3.50
21,900	135	$560	$75,600	$500	$76,100	$3.50	$76,650	$550	$3.45	$0.02	$3.47	$5.25	$3.50
22,300	150	$560	$84,000	$500	$84,500	$3.50	$78,050	-$6,450	$3.77	$0.02	$3.79	$21.00	$3.50
22,300	165	$560	$92,400	$500	$92,900	$3.50	$78,050	-$14,850	$4.14	$0.02	$4.17	$0.00	$3.50
21,500	180	$560	$100,800	$500	$101,300	$3.50	$75,250	-$26,050	$4.69	$0.02	$4.71	$-10.50	$3.50