Answer to Question #44110 in Microeconomics for Najla

Question #44110
The amount of fish caught per week on a trawler is a function of the crew size assigned to operate the boat. Based on past data, the following production schedule was developed:
CRRW SIZE
(Number of workers) Amount of Fish caught per week
(Hundreds of LBS)
2 3
3 6
4 11
5 19
6 24
7 28
8 31
9 33
10 34
11 34
12 33
How large a crew should be used if the trawler owner is interested in maximising the total amount of fish caught?
1
Expert's answer
2014-07-11T11:44:45-0400
The answer to the question is available in the PDF file https://www.assignmentexpert.com/homework-answers/economics-answer-44110.pdf

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