Business, 15.07.2020 02:01 ashtyndowdle

Bubba is a shrimp farmer. In an ironic twist, Bubba is allergic to shellfish, so he cannot eat shrimp. Each day he has a one-ton supply of shrimp. The market price of shrimp is $ 10 comma 900$10,900 per ton. a. What is the value of a ton of shrimp to him? b. Would this value change if he were not allergic to shrimp? Why or why not? a. What is the value of a ton of shrimp to him? (Select the best choice below.) A. The value of a tonne of shrimp to Bubba is more than $ 10 comma 900$10,900 because he can wait for the market price to go up. B. The value of a tonne of shrimp to Bubba is $ 10 comma 900$10,900 because that is the market price. C. The value of a tonne of shrimp to Bubba is less than $ 10 comma 900$10,900 because Bubba is allergic to shellfish. D. The value of a tonne of shrimp to Bubba is less than $ 10 comma 900$10,900 because shrimp is a perishable item.

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Bubba is a shrimp farmer. In an ironic twist, Bubba is allergic to shellfish, so he cannot eat shrim...

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