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.

Complete the following table by calculating the marginal and average products of labor.

See ATTACHED PHOTO to where blanks need filled in

Over what ranges of workers are there (i) increasing, (ii) constant, (iii) decreasing, and (iv) negative returns?

Negative Returns:

Increasing returns:

Constant returns:

Decreasing Returns:

How large a crew should be used if the trawler owner is interested in maximizing the total amount of fish caught?

How large a crew should be used if the trawler owner is interested in maximizing the average amount of fish caught per worker?