subject
Business, 08.07.2020 19:01 Damagingawsomeness2

Assume that there are no fishing restrictions on the Pond. A fisherman on the pond can catch 100 fish per day if he is the only one to fish in the pond. Two fishermen can each catch 95 fish per day, and three can each catch 90 per day, four can each catch 85 per day, five can each catch 75 per day, six can each catch 65 per day, seven can each catch 55 per day, eight can each catch 40 per day, nine can each catch 25 per day, and ten can each catch 5 per day. Also assume if a fisherman was not fishing in the pond, their alternative activity will be worth 25 fish (i. e. the ‘other’ job the fisherman could be doing would pay them as well as catching 25 fish). A) How many fishermen will decide to go fish on the pond?B) How many fish will be caught per day on the pond?C) At this number of fishermen (i. e. the answer to part a), how many additional fish does this last fisherman add to the total number of fish caught per day?D) Could this be the optimal number of fishermen? Why or why not?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:40
Lohn corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $8.50. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. if the required return on the stock is 14 percent, what is the current share price?
Answers: 2
question
Business, 22.06.2019 12:20
Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.
Answers: 1
question
Business, 22.06.2019 19:30
Each row in a database is a set of unique information called a(n) table. record. object. field.
Answers: 3
question
Business, 22.06.2019 22:00
As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm.b. implicit costs.c. operating costs.d. fixed costs.
Answers: 2
You know the right answer?
Assume that there are no fishing restrictions on the Pond. A fisherman on the pond can catch 100 fis...
Questions
question
Mathematics, 13.06.2021 20:40
question
Spanish, 13.06.2021 20:40
question
Mathematics, 13.06.2021 20:40