subject
Mathematics, 24.04.2020 02:56 edog7755

Kara and Kyle are competing sockeye salmon fishers. Both have been allocated ITQs that limit their total catch to 3,000 tons of
sockeye salmon each. Kara's cost per ton is $10, and Kyle's cost per ton is $14.

a. If the market price of sockeye salmon is $20 per ton, and Kara and Kyle both catch their quota, what will be their combined profit?
$ ?
b. What is the maximum amount Kara would be willing to pay per ton for Kyle's ITQS?
$ ? per ton
c. What is the minimum amount per ton that Kara would have to offer Kyle to convince him to sell his ITQs to her?
d. If Kara pays Kyle $7 per ton for his ITQs, and if she then catches her new limit of 6,000 tons, what will be their combined profit?
$ ?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Find the area of a trapezoid with bases 14 cm and 18 cm and height 10 cm. 160 cm2 140 cm2 180 cm2 126 cm2
Answers: 3
question
Mathematics, 21.06.2019 18:00
Olga used 100 ounces of flour to make 225 muffins. how many ounces of flour will be used to make 300 muffins?
Answers: 2
question
Mathematics, 21.06.2019 20:00
Abcd is a square. what is the measure of angle bac
Answers: 2
question
Mathematics, 21.06.2019 20:00
In new york city at the spring equinox there are 12 hours 8 minutes of daylight. the longest and shortest days of the year very by two hours and 53 minutes from the equinox in this year the equinox falls on march 21 in this task you use trigonometric function to model the hours of daylight hours on certain days of the year in new york city a.what is the independent and dependent variables? b.find the amplitude and the period of the function. c.create a trigonometric function that describes the hours of sunlight for each day of the year. d. graph the function you build in part c. e. use the function you build in part c to find out how many fewer daylight hours february 10 will have than march 21. you may look at the calendar.
Answers: 1
You know the right answer?
Kara and Kyle are competing sockeye salmon fishers. Both have been allocated ITQs that limit their t...
Questions
question
English, 21.01.2021 14:50
question
Social Studies, 21.01.2021 14:50
question
Mathematics, 21.01.2021 14:50
question
Mathematics, 21.01.2021 14:50
Questions on the website: 13722363