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Total economic profit is highest when the recycling production method isused . When the fish processor uses the recycling method, the kayak rental earns $2,600$1,500=$1,100
Total economic profit is highest when the recycling production method isused . When the fish processor uses the recycling method, the kayak rental earns $2,600$1,500=$1,100 more per week than it does with no recycling. Therefore, the kayak rental should be willing to pay up to $1,100 per week for the fish processor to recycle water. However, the recycling method decreases the fish processor's economic profit by $2,500$1,800=$700 per week. Therefore, the fish processor should be willing to use the recycling method if it is compensated with at least $700 per week
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