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Bubba is a shrimp farmer. In an ironic twist, Bubba is allergic to shellfish, so he cannot eat shrimp. Each day he has a one-ton
Bubba is a shrimp farmer. In an ironic twist, Bubba is allergic to shellfish, so he cannot eat shrimp. Each day he has a one-ton supply of shrimp. The market price of shrimp is $10,300 per ton. a. What is the value of a ton of shrimp to him? b. Would this value change if he were not allergic to shrimp? Why or why not? a. What is the value of a ton of shrimp to him? (Select the best choice below.) O A. The value of a tonne of shrimp to Bubba is $10,300 because that is the market price. OB. The value of a tonne of shrimp to Bubba is less than $10,300 because Bubba is allergic to shellfish. O C. The value of a tonne of shrimp to Bubba is less than $10,300 because shrimp is a perishable item. OD. The value of a tonne of shrimp to Bubba is more than $10,300 because he can wait for the market price to go up
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