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Kara and Kyle Are Competing Sockeye Salmon Fishers

question 73

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Kara and Kyle are competing sockeye salmon fishers.Both have been allocated ITQs that limit their catch to 2,000 tons of sockeye salmon each.Kara's cost per ton is $8;Kyle's cost per ton is $12. Refer to the information given and assume that the market price of sockeye salmon is $15 per ton.If Kara pays Kyle $5 per ton for his ITQs,and if she then catches her new limit of 4,000 tons,their combined profit would be:

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Mechanistic

describes organizations or systems that are highly structured, with clear hierarchical levels, rules, and roles, emphasizing efficiency and predictability in operations.

Organic Structure

A flexible, decentralized organizational design that emphasizes informal networks of communication and empowers employees to take decisions.

Growth

The process of increasing in size, value, or importance.

Span of Control

Refers to the number of subordinates or tasks directly supervised or overseen by one manager or leader.

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