For the representative firm in the production model, what is their profits?.

did you check the study guide?

because their parents smoke while in labor

the reduction of citizens’ rights

also known as the bill of rights

the nets, boats and fishing poles are examples of determinants for catching fish. if a fisherman has a quality fishing net and fishing poles plus a high end fishing boat, then there is a big opportunity or possibility that he may catch more fish.

moreover, fish production is directly proportional to its determinants such as boat, net, fishing poles and bait. therefore, a good equipment is a determinant while fisherman’s effort is an input to his fishing skills and the output is the production made out of catching fish.