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Suppose there are four villagers who can either raise sheep or bake bread. A sheepherder must buy a sheep for $200, raise it on the

Suppose there are four villagers who can either raise sheep or bake bread. A sheepherder must buy a sheep for $200, raise it on the common, and then sell it at the market in a nearby town. The table below shows how much a sheepherder can sell a sheep for. In the same time it takes to bring a sheep to the market, bread bakers can make a profit of $35. You will need to copy the table and fill it in as you answer the questions.

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Number of sheep feeding on the Price of a sheep at Profit earned from Total profit from Additional profit market one sheep sheep common from one sheep 1 $300 2 270 3 240 4 210

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