Table 15. — Revenue, costs, and returns to boat and lobsterman for a sample of 186 



boats, 1967. 



Source: Data supplied by Dr. Andreas Holmsen of the University of Rhode 

 Island. 



quale return on capital given the riskiness of tiie lob- 

 ster business investment. Figure 14 shows the results. 

 The average weekly earnings were reduced to $1 16.79 

 as an estimate of the return for laboring. It is interest- 

 ing to note that given the capital investment, many 



MEAN; $ 125.50 



- MEAN - $ 4.47 



m 20 



-100 -50 50 lOO ISO 200 250 300 350 400 450 500 550 



TO TO TO TO TO TO TO TO TO TO TO TO rO TO 



-50 50 100 150 200 250 300 350 400 450 500 550 600 



WEEKLY TOTAL INCOME (dollars) 



TO TO TO TO TO TO TO To TO TQ 



-2 2 4 6 



10 12 14 16 



HOURLY TOTAL INCOME (dollars) 



Figure 12. — Weekly total income for a sample of American lobster 

 boats, 1967. 



Figure 13. — Hourly income for a sample of American lobster boats. 



1967. 



22 



