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Sue Fishes for Cod at a Cost of $2 Per

Question 293

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Sue fishes for cod at a cost of $2 per ton, while Dave fishes at a cost of $4 per ton. Both have one 1,000-ton ITQ and the current market price is $5 per ton. If Dave offered to sell his ITQ to Sue for $2,000, he and Sue would


A) make the sale because they're both better off.
B) not make the sale, because Sue is better off and Dave is not.
C) not make the sale, because Dave is better of and Sue is not.
D) not make the sale, because neither is better off.

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