Answer to Question #208130 in Economics for Beauty Magadlela

Question

In the market for fish , there are four suppliers . If the price is R50 per fish , Johns Fisheries will supply 120 fishes . If the price is R50 ,Snoek Kings will not produce any fish , but it will produce 230 fishes if the price is R60 per fish . The Boat will produce 356 fishes for a price of R50 and Sardine Runners will produce 54 fishes if the price is R50 per fish . What is the market supply of fish at a price of R50 per fish

A. 760

B . 356

C . 120

D . 530

Answer 1

D . 530 (120+356+54)