Quantity of fish (in pound) TR T 20 2 L It he fslereman inczeaes his fibhing hours from 3 to 4, ubat i he umisginal puigect ish (in pounds)2 2. The fisloman has a fixed cost of $20 (to buy his pole). The opportunity cost of his time hfar What is the total cost to catc pounds of fish? 3. The fisherman sells his fish to King Kollen for $2 per pound. What is the profit maxinizing output (n pound 4. What is de maunized profit? Styles Quantity of fish in pounds Hours 0 0 12 2 30 35 38 4 5 1- If the fisherman increases his fishing hours from 3 to 4, what is the marginal product for fish (in pounds) 2- The fisherman has a fix cost of $20 (to buy his polo). The opportunity cost of his time is $8per hour. What is the total cost to catch 35 pounds of fish? 3-The fisherman sells his fish to King Kullen for $2 per pound. What is the profit maximizing output (in pounds)? 4- What is the maximized profit