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: CREW SIZE (NUMBER OF WORKERS) 2 AMOUNT OF FISH CAUGHT PER WEEK (HUNDREDS OF LBS) 3 3 6 4 11 5 19 6 24 7 28 31 9 33 10 1 34 11 34 12 33 a. Over what ranges of workers are there (i) increasing, (ii) constant, (iii) decreasing, and (iv) negative returns? b. How large a crew should be used if the trawler owner is interested in maximizing the total amount of fish caught? c. How large a crew
3. The amount of fish caught per week on a trawler is a function of the crew size assigned to […]