Captain caine has charter fishing boat named bounty

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Captain Caine has a charter fishing boat named Bounty. He runs excursions for tourist to fish for either tuna (T) or marlin (M). The following equation represents the Bounty’s PPF for a typical month: T = 60 – 1.5M a. Graph the PPF for the Bounty. (Make sure the graph is at least roughly to scale.) b. What is the OC of an additional tuna? Explain briefly how you came to this conclusion. Suppose that the PPF now changes to: T = 80 – 2.0M c. Graph this new PPF and explain what happened. Be as specific as possible.

Reference no: EM131245428

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Captain caine has charter fishing boat named bounty : Captain Caine has a charter fishing boat named Bounty. He runs excursions for tourist to fish for either tuna (T) or marlin (M). The following equation represents the Bounty’s PPF for a typical month: T = 60 – 1.5M a. Graph the PPF for the Bounty..

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