QUESTION 9 Three fishermen live in a village and have no other employment or income-eaming possibilities besides fishing. They each own a boat that is suitable for fishing but does not have any resale value. Fish are worth $14 per pound and the marginal cost of operating the boat is $413 per month. They all fish in a river next to the village, and they have determined that when there are more of them out there on the river fishing, they each catch less fish per month according to the following schedule: of Boats Fish Caught per Boat (pounds) 1 175 2 130 If each fisherman acts in his own best interest, how much income will he earn per month? 108