Demand is constantly and consistently increasing

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Reference no: EM133944883

Question

Suppose a team of entrepreneurs have pitched the following idea to you:

"Food markets in the USA have a very high demand for lobsters, and the demand is constantly and consistently increasing. Customers and businesses will pay a high price for a high-quality lobsters. We propose to build a lobster farm, similar to the ones used to raise salmon, shrimps, and other sea products. Our venture will help to satisfy the market, save people's lives, and provide our customer with a desired product for a better price. We believe that our venture provides a sustainable fishing that will benefit our society and help to preserve the nature."

Suppose that you are considering investing in this venture. Determine whether you will be willing to invest in this venture or not. Briefly support your conclusion with arguments.

Reference no: EM133944883

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