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this is a part of same question b. How many boats should loan send out to maximise her profit (assuming all other fishers will continue

this is a part of same question

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b. How many boats should loan send out to maximise her profit (assuming all other fishers will continue to send one boat each)? Explain why! c. If all other fishers of Southern Calamari think the same as Joan, how many boats will fish for Southern Calamari in Tasmania's state waters each week? How many's of fish will be caught per boat? Suppose that before loan and all the other fishers increase the number of boats they send out per week, the government intervenes. d. Complete the table below Social Social Number of S of Fish Caught Total Boat total Boat Marginal Marginal Boats Boat Price Revenue Cost S/week Revenue Cost Quantity (Q) S/week (TR) $/boat week S/ boat/week MR MC 12 $1 360 $16 320 $121908 13 $1,340 $17 420 $ 131050 ST.030 14 15 16 $1 280 $980

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