Ask Question, Ask an Expert


Ask Basic Finance Expert

problem: Oceanic Pacific Company has decided to conduct a series of experiments to determine the value of tuna that could be caught with different crew sizes. The results of these experiments are as follows:

Crew Number

Daily Tuna Catch (kilograms)





















[A] Describe & show the point where diminishing return occurs.

[B] Show the points or ranges where raising returns, diminishing returns, & absolute decreasing returns occurs.

[C] Assume the market price of tuna is $3.50 per kilogram. How many crews should the company use if the daily wage per crew member is 100 dollars. Show all work to receive full credit.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M917777

Have any Question? 

Related Questions in Basic Finance

The secondary market for t-bills is active and the

The secondary market for T-bills is active, and the secondary market for federal agency securities is limited. How does this affect the primary market for each security? Why are well- developed secondary markets importan ...

Impact of monetary policy on cost of capital explain the

Impact of Monetary Policy on Cost of Capital : Explain the effects of a stimulative monetary policy on a firm's cost of capital.

Why might targeting the money supply lead to lower output

Why might targeting the money supply lead to lower output growth than targeting the rate of interest? Consider your responses to Problems 1 and 2 before you answer. Problems 1 Draw a graph of money demand and money suppl ...

Walmart npv analysisusing the publicly traded fortune 500

Walmart NPV Analysis Using the publicly traded Fortune 500 Company that you picked earlier in the course answer the following questions in 2-3 pages: • What types of long term investments would you recommend that they ma ...

Systemic risk explain how systemic risk is related to the

Systemic Risk: Explain how systemic risk is related to the commercial paper market. That is, why did problems in the market for mortgage-backed securities affect the commercial paper market?

Predicting the feds actions assume the following conditions

Predicting the Fed's Actions : Assume the following conditions. The last time the FOMC met, it decided to raise interest rates. At that time, economic growth was very strong and so inflation was relatively high. Since th ...

Discuss the major function of market makers in securities

Discuss the major function of market makers in securities markets. What is the difference between a broker and a dealer?

Discussion 1ratio analysisusing the ashford university

Discussion 1 Ratio Analysis Using the Ashford University Library as a resource, find two articles that discuss financial ratio analysis. Identify two advantages and two disadvantages to using ratios in financial analysis ...

Level and structure of interest ratesplease put all of your

Level and Structure of Interest Rates Please put all of your answers and computations on a separate sheet(s). 1. Suppose that the demand and supply of loanable funds can be represented as follows. (Note the interest rate ...

A stock is currently selling for 39 per share a call option

A stock is currently selling for $39 per share. A call option with an exercise price of $45 sells for $3.47 and expires in three months. If the risk-free rate of interest is 4.6 % per year, compounded continuously, what ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate