Anthony Valardi, who owns a fish market, pays $2 per pound to fishermen for coho salmon

Chapter 12, Problem 11

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Anthony Valardi, who owns a fish market, pays $2 per pound to fishermen for coho salmon. A certain fisherman certifies that the average size of the salmon in his catch of the day is 10 pounds, and that the catch numbers 100 salmon. Mr. Valardi is therefore justified in paying the fisherman $2,000 for the whole catch.

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