Problem Set Four SolutionsChapter 63. The Paducah Slugger Company makes baseball bats out of lumber and receives $10 for eachfinished bat. Paducah’s only factors of production are lathe operators and a small building with alathe. The number of bats per day it produces depends on the number of employee-hours per dayas shown below. The wage is $15 per hour.Number of bats per dayNumber of employee-hours per day0051102154207251130163522a. Paducah’s daily fixed cost for the lathe and building is $60. Construct a table showing totalrevenue, variable cost, total cost, and daily profit for various quantities of daily bat production.
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