L* means that the "L" should be a very small capital L... but I don't know how to show that with the keyboard.

Page 332 problem 4

The amount of fish caught per week on a trawler is a function of the crew size assigned to operate the boat. Basted on past data, the following production schedule was developed:

Crew Size Amount of fish caught
(Number of men) per week (hundreds of pounds)

a. Over what ranges of workers are there (I) increasing, (ii) constant, (iii) decreasing, and (iv) negative returns?
b. How large a crew should be used if the trawler owner is interested in maximizing the total amount o f fish caught?
c. How large a crew should be used if the trawler owner is interested in maximizing the average amount of fish caught per person?

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... Thus we want to maximize the objective function subject to ... Therefore, = 0.06 + 0.10 + 0.08 is maximized when = 60, = 90 ... at least 30% of the total amount in the ...

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