Answer to Question #44112 in Microeconomics for Najla

Question #44112
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 Supposed the owner of the trawler can sell all the fish caught for $75 per 100 pound and can hire as many crew members as desired by paying them $150 per week. Assuming that the owner of the trawler is interested in maximising profits, determine the optimal crew size.
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