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15 2 points Table 7-1 The amount of fish caught per week on a trawler is a function of the crew size assigned to operate

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15 2 points Table 7-1 The amount of fish caught per week on a trawler is a function of the crew size assigned to operate the boat. The following table shows the total and marginal products of labor for a trawler. Suppose the owner of the trawler can sell all the fish caught for $75 per 100 pounds and can hire as many crew members as desired by paying them $750 per week. Crew Size (L) Amount of Fish Caught per Marginal Product (MPL) Marginal Revenue Product (No. of workers) Week (Q) (hundreds of lbs) (hundreds of lbs) (MRPI) 6 80 7 95 8 105 9 110 10 110 11 105 h 12 95 Which of the following refers to marginal revenue product when L-8? C 750 O -375 O 0 O 1,215

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