3. All Sea Wholesale Inc only pay for $2,500 to raise 1,000 dory fishes in their pond. Because they make profit from raising and selling those fishes, they decided to expand their business. Right now, they have to pay $6,500 to raise 2,400 dory fishes in the same pond. What information can you get from this data?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
Section: Chapter Questions
Problem 9RQ: In what ways (it) company investments in research and development create positive externalities?
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3. All Sea Wholesale Inc only pay for $2,500 to raise
1,000 dory fishes in their pond. Because they make
profit from raising and selling those fishes, they
decided to expand their business. Right now, they
have to pay $6,500 to raise 2,400 dory fishes in the
same pond. What information can you get from this
data?
Transcribed Image Text:3. All Sea Wholesale Inc only pay for $2,500 to raise 1,000 dory fishes in their pond. Because they make profit from raising and selling those fishes, they decided to expand their business. Right now, they have to pay $6,500 to raise 2,400 dory fishes in the same pond. What information can you get from this data?
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