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please thoroughly check work below. thanks! A commercial fisherman notices the following relationship between hours spent fishing and the quantity of fish caught: Hours Quantity

please thoroughly check work below. thanks!

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A commercial fisherman notices the following relationship between hours spent fishing and the quantity of fish caught: Hours Quantity of Fish (Pounds) 0 UTAWNY 0 10 19 25 27 28 Complete the following table with the marginal product of each hour spent fishing. Quantity of Fish Marginal Product Hours (Pounds) Pounds) 0 10 10 19 UI A 25 27 28 1 On the following graph, use the blue points (circle symbol) to graph the fisherman's production function. (? O O Production Function Quantity of Fish (Pounds) O Hours Spent Fishing increases. True or False: The production function becomes steeper as the number of hours spent fishing o True o FalseThe fisherman has a fixed cost of $8 (his pole). The opportunity cost of his time is $4 per hour. On the following graph, use the green points (triangle symbol) to graph the fisherman's total-cost curve at the following quantities of fish: 0, 10, 19, 25, 27, and 28 pounds. ? 28 24 Total-Cost Curve 20 Total Cost of Fishing 16 12 8 12 18 24 30 Quantity of Fish (Pounds) True or False: The total-cost curve is increasing and convex because there are diminishing returns to fishing time. o True False

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