fishquiz

fishquiz - fishers margin produtotal product boat wage boat...

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fishers margin produtotal product average catchnet wage boat cost 1 6 6 6 1 5 2 8 14 7 1.5 5 3 12 26 8.67 7 5 4 14 40 10 8.75 5 5 10 50 10 9 5 6 7 57 9.5 8.67 5 7 4 61 8.71 8 5 8 1 62 7.75 7.13 5 9 -6 56 6.22 5.67 5 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
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fishers margin produtotal product average catchnet wage=pofits 1 5 5 5 0 5 2 7 12 6 3.5 5 3 10 22 7.33 5.67 5 4 12 34 8.5 7.25 5 5 8 42 8.4 7.4 5 6 5 47 7.83 7 5 7 3 50 7.14 6.43 5 8 0 50 6.25 5.63 5 9 -5 45 5 4.44 5 gdp is a function of labor and capital capital= boat labor=fishers
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Unformatted text preview: fishers margin produtotal product boat wage boat cost 1 5 5 5 5-5 2 7 12 10 5-3 3 10 22 15 5 2 4 12 34 20 5 9 5 8 42 25 5 12 6 5 47 30 5 12 7 3 50 35 5 10 8 50 40 5 5 9-5 45 45 5-5 1000=f+M competition x=boats to be made f=5x m= fish per day/ fish per boat m= 7.4/5 1.48 1000=1.48x+5x 154.32 no 0.68 5.68 176.21...
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This note was uploaded on 04/08/2011 for the course MANEC 300 taught by Professor Crawford,r during the Spring '08 term at BYU.

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fishquiz - fishers margin produtotal product boat wage boat...

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