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Scenario 18-1 Madison Kelp Owns Three Boats, Which Participate in Commercial Fishing

Question 123

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Scenario 18-1
Madison Kelp owns three boats, which participate in commercial fishing for fresh Pacific salmon off the coast of British Columbia.As part of her business, she hires a captain and several crewmembers for each boat.In the market for fresh Pacific salmon, there are thousands of firms like Madison's.While Madison usually catches a significant number of fish each year, her contribution to the entire harvest of salmon is negligible relative to the size of the market.
-Refer to Scenario 18-1.When Madison participates in the labour market to hire crewmembers for her boats,what is she most likely considered to be


A) a demander of labour services
B) a supplier of labour services
C) a buyer of capital
D) a demander of capital

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