Posted by Julian on .
A fishing boat owner brings 50,000 fish to market and the market price is $4 per fish. Her average variable cost of 50,000 fish is $1 and the fixed cost of the boat is $100,000, what is her profit per fish? a)$1 b)$500 c)$5,000 d)$25,000 e)$500,000
the answer is A. $1