In the typical economic model of an efficient fishery would, Business Economics

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In the typical economic model of an efficient fishery would

a) In the typical economic model of an efficient fishery, would a fall in the price of fish generally result in a larger or a smaller sustainable harvest? Why?

b) suppose the fishery allowed free access. Would a fall in the price of fish generally result in a larger or a smaller harvest? Why?

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Business Economics: In the typical economic model of an efficient fishery would

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Business Economics: In the typical economic model of an efficient fishery would

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