subject
Business, 08.07.2019 19:20 nauticatyson9

In the summer of 2012, due to plentiful lobsters, the price of lobster in maine fell to $1.25 a pound, which was 70% below normal and nearly a 30-year low. according to bill adler, head of the massachusetts lobstermen's association, "anything under $4 [a pound], lobstermen can't make any money" (jerry a. dicolo and nicole friedman, "lobster glut slams prices," wall street journal, july 16, 2012). at least 30 boats announced that they would stay in port until the price rose. however, canadian and other u. s. fishers continued to harvest lobsters. why did some lobster boats stop fishing while others continued?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:00
You and your new australian bride matilda, are applying for a loan and are required to submit a balance sheet with your net worth. you own a 2008 toyota camry that you bought last month for $9,995. the kelly blue book value for this car is $13,995. you owe $8,150 on the car loan for the camry. you pay off your visa credit card every month and have not paid any credit card interest this year. the current visa credit card balance is $3,522, and the next statement is due in 15 days. you have a student loan balance of $6,500. you presently have $425 in your checking account and $1,540 in your savings account. you own 100 shares of ibm stock that you purchased for $85.50 per share. one share of ibm is now selling for $158.42. you own computers and other electronics that you purchased for $4,100 but could probably sell today on e-bay for $1,800. your gross income is $80,000 per year. what is your current net worth? (see wb ch. 2 example 2.3)
Answers: 1
question
Business, 22.06.2019 11:40
On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment
Answers: 3
question
Business, 22.06.2019 11:40
Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?
Answers: 1
question
Business, 22.06.2019 12:30
Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying
Answers: 1
You know the right answer?
In the summer of 2012, due to plentiful lobsters, the price of lobster in maine fell to $1.25 a poun...
Questions
question
Mathematics, 13.12.2021 07:10
question
Mathematics, 13.12.2021 07:10
question
Spanish, 13.12.2021 07:10
Questions on the website: 13722359