Question

What is the price of the seafood gumbo?

Options:
A) $10
B) $12
C) $20
D) $22

Answer 1

The price of the seafood gumbo is $812,500.

Step-by-step explanation:

The price of the seafood gumbo can be determined by multiplying the price per pound by the quantity. In this case, the price per pound is $3.25 and the original equilibrium quantity is 250,000 fish. So, the price of the seafood gumbo would be:

$3.25/pound x 250,000 pounds = $812,500

Therefore, the price of the seafood gumbo is $812,500.