Business, 19.06.2020 04:57 yuser8081

At the Santa Barbara fishing hole, people come from all around to catch fish to sell at the fish market. The total number of fish caught is F=100x-0.5x^2 where x is the number of fishermen. Suppose it costs each person $200 a day to fish and that fish sell for $10 each at the market. At the social optimum, how much would it hurt the whole society (combined) if one more person started fishing?

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