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This question stems from assignment 2 profit analysis table under MSTM 6003 memorial university (will not let me attach picture for some reason) If the
This question stems from assignment 2 profit analysis table under MSTM 6003 memorial university (will not let me attach picture for some reason)
If the price was 10% higher than the market exit price would the firm engaged in fishing activity? If yes, why would it be in their economic interest to do so? (hint - what do we know about their fiscal obligations)
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