| I've never found much info about precentages from breeders but my best guess is that about one fish in ten (1/10) is a feeder fish or grade 'C' pond mutt with enough color to sell at the chain discount stores. About 1/100 will be grade 'B' and 1/1,000 Grade 'A' which is starting to look like a recognizable variety retailing at $5-$50. With luck 1/10,000 will be grade 'AA' and worth several hundred bucks and 1/100,000 will be show quality grade 'AAA'. So, the winner of a small show may be in the order of one in a million. This assumes you are line breeding with decent broodstock.
IF these numbers were in the rhelm of possibility, the theoretical economic implications are:
1/100,000 'AAA' @ $1,000/ea = $1,000
10/100,000 'AA' @ $100/ea = $1,000
100/100,000 'A' @ $10/ea = $1,000
1,00/100,000 'B' @ $1/ea = $1,000
10,000/100,000 'C' @ $.10/ea = $1,000
total value of 100,000 fish is $5,000 with an average value of $0.20/ea
In practice, the economics do not work this way at all.
steve |