A constant price has been assumed in all the models developed in this section. Suggest some fisheries

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A constant price has been assumed in all the models developed in this section. Suggest some fisheries for which that assumption is not realistic. How might you alter the assumption? How would you determine the appropriate tax?

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A First Course In Mathematical Modeling

ISBN: 9781285050904

5th Edition

Authors: Frank R. Giordano, William P. Fox, Steven B. Horton

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Question Posted: Jan 12, 2024 05:00 AM

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A constant price has been assumed in all the models developed in this section. Suggest some fisheries

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In realworld scenarios its not generally realistic to assume that the price of fish remains constant The price of fish can fluctify based on various f...View the full answer

A First Course In Mathematical Modeling

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