A constant price has been assumed in all the models developed in this section. Suggest some fisheries
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A constant price has been assumed in all the models developed in this section. Suggest some fisheries for which that assumption is not realistic. How might you alter the assumption? How would you determine the appropriate tax?
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In realworld scenarios its not generally realistic to assume that the price of fish remains constant The price of fish can fluctify based on various f...View the full answer
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Related Book For
A First Course In Mathematical Modeling
ISBN: 9781285050904
5th Edition
Authors: Frank R. Giordano, William P. Fox, Steven B. Horton
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