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Sunday 6 January 2019

Fish worth 70kg of gold: Sushi king shells out $3.1 million for ‘tasty’ tuna

Welcome back everyone. Here is an interesting news story about a big fish! Click here to access. Lots of economics here. Questions for discussion:

1. Why was the fish so expensive?

2. What does article suggest about price elasticity of supply of tuna?


3. How will the purchaser make his money back from his investment
& why will it work?

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