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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

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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. Crew Size (L) Amount of Fish Caught per Week (Q) Marginal Product (MPL) (No. of Workers) (Hundreds of Lbs) (Hundreds of Lbs) 2 5 W 15 10 A 30 15 UT 55 25 80 25 V 95 15 105 Co 10 110 10 110 11 105 -5 12 95 -10 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. Assuming that the owner of the trawler is interested in maximizing profits, what is the optimal crew size? workers

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