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Business, 06.05.2020 02:38 sabrinamarie17

Melanie and Oli are competing Pacific halibut fishers. Both have been allocated ITQs that limit their catch to 1,000 tons of Pacific halibut each. Melanie's cost per ton is $20; Oli's cost per ton is $28. If the market price of Pacific halibut is $40 per ton, what is the minimum amount per ton that Melanie would have to offer Oli to convince him to sell Melanie his ITQs

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Melanie and Oli are competing Pacific halibut fishers. Both have been allocated ITQs that limit thei...
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