=+12. The Georges Bank, a highly productive fishing area off New England, can be divided into two
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=+12. The Georges Bank, a highly productive fishing area off New England, can be divided into two zones in terms of fish population. Zone 1 has the higher population per square mile but is subject to severe diminishing returns to fishing effort. The daily fish catch (in tons) in Zone 1 is F1 = 200(X1) - 2(X1)
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Related Book For 
Microeconomics
ISBN: 9781292081977
8th Global Edition
Authors: Robert S. Pindyck, Daniel L. Rubinfeld
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