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

Multiple Choice

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.If Madison is a competitor in both the fresh Pacific salmon market and in the market for crewmembers,what is she called in the salmon market and the crew market

A) a price taker in the salmon market, and a wage setter in the crew market
B) a price taker in the crew market, and a price setter in the salmon market
C) a price taker in both markets
D) a price setter in both markets