E202ProblemSet4.1 - Problem Set Four Name Chapter 6 3 The...

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Problem Set Four Name _____________________ Chapter 6 3. The Paducah Slugger Company makes baseball bats out of lumber and receives $10 for each finished bat. Paducah’s only factors of production are lathe operators and a small building with a lathe. The number of bats per day it produces depends on the number of employee-hours per day as shown below. The wage is $15 per hour. Number of bats per day Number of employee-hours per day 00 51 10 2
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