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.

1 answer

This statement is incorrect. In the given scenario, the fisherman caught 100 salmon with an average size of 10 pounds each. To calculate the total weight of the catch, we multiply the average size by the number of salmon:

Total weight = 10 pounds/salmon * 100 salmon = 1,000 pounds

Therefore, the fisherman should be paid based on the total weight of the catch, not the number of salmon. Since Mr. Valardi pays $2 per pound, the correct payment for the whole catch would be:

Payment = Total weight * Price per pound = 1,000 pounds * $2/pound = $2,000

So Mr. Valardi should pay $2,000 for the whole catch, which aligns with the given information.