If n is the number of fishermen in the river, then each fisherman catches 10 + 120/n kg of fish each day (depending on how many fishermen there are). A kg of fish sells for 5 pounds, a fishing license costs 20 pounds, and a fisherman could also work at the docks for 80 pounds a day. How many fishermen will fish in the river each day? (a) 8 (b) 12 (c) 16 (d) 18 (e) 20

If n is the number of fishermen in the river, then each fisherman catches 10 + 120/n kg of fish each day (depending on how many fishermen there are). A kg of fish sells for 5 pounds, a fishing license costs 20 pounds, and a fisherman could also work at the docks for 80 pounds a day. How many fishermen will fish in the river each day? (a) 8 (b) 12 (c) 16 (d) 18 (e) 20

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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