This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
How many baskets of fish should be harvested at market price
Suppose a fish farm has the following marginal cost schedule:
Baskets per hour
Marginal Cost Total Cost
1 $5 $15
2 $7 $22
3 $9 $31
4 $13 $44
5 $17 $61
6 $25 $86
7 $32 $118
(a) How many baskets of fish should be harvested at market prices of
(b) How much profit does the farmer make at each of these prices in (a)?
Plagiarism free Answer files are strictly restricted for download to the student who originally posted this question.
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