Business, 05.05.2020 08:26 mydoggy152

Gertrude Kelp owns three boats that participate in commercial fishing for fresh Pacific salmon off the coast of Alaska. As part of her business she hires a captain and several crew members for each boat. In the market for fresh Pacific salmon, there are thousands of firms like Gertrude's. While Gertrude usually catches a significant number of fish each year, her contribution to the entire harvest of salmon is negligible relative to the size of the market. If the price of fresh Pacific salmon were to decrease significantly, it is most likely that Gertrude would:.
A. hire more crew members.
B. reduce her demand for crew members.
C. become a seller in at least one factor market.
D. hire more boats.

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Gertrude Kelp owns three boats that participate in commercial fishing for fresh Pacific salmon off t...