Question: Kim and Miki live in General Santos and fish tuna for a living. Their crew of four (4) are paid a total of Php5,000 per day. The operating costs is Php1,000 per day when fishing; otherwise, there are no costs. The following shows the catch for a period during the year:
The price of the tuna is determined by competition and is set at Php80/kg.
1. What is the MP of a day's worth of fishing during prime, month 7, month 8 and the rest of the year?
2. What is the MC of a kg of fish during prime, month 7, month 8 and the rest of the year?
3. If you were Kim and Miki, how many months per year would you hire the crew to fish? Explain.