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14 September, 16:02

B) suppose the average fisherman can catch 200,000 pounds of bluefin tuna every year (100 tons). what is the value of a bluefin tuna fishing license?

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  1. 14 September, 16:09
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    Answer: It is the biggest fish market in the world and determines the prices for fish across the globe. If the market is doing bad, this will have an impact on whether or not a US fisherman will be able to provide his months salary to his family. If the market is doing well, his single catch can pay for a good portion of his family's income.
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