The Raequeteer Company makes tennis racquets out of graphite supplied to it by Acme Sporting Goods, which pays Raequeteer 510 for each nished racquet. Racquteer's only factors are lathe operators and a small building with a lathe The number of racquets per day produced depends on the number of employeehours per day, as shown in the table. NUMBER OF RACQUETS PER DAY NUMBER OF EMPLOYEE HOURS PER DAY 5 1 10 2 15 4 20 7 25 1 1 30 1 6 35 22 a. If the wage is $15 per hour and Raequeteer's daily xed cost for the lathe and building is $60. \\What is the prot maximizing quantity of racquets? NUMBER OF NUMBER OF FIXED VARIABLE TOTAL TOTAL PROFIT RACQUETS EMPLOYEE COST COST COST REVENUE PER DAY HOURS PER DAY 5 1 10 2 15 4 20 7 25 11 30 16 35 22 NUMBER OF MARGINAL MARGINAL RACQUETS COST REVENUE PER DAY 5 10 15 20 25 30 35 b. What is the profit maximizing quantity of racquets if the firm's fixed costs were not $60 but $30