Which of the following policies has succeeded in reducing fishery catch sizes without creating an "arms race" among fishers?
A. Limiting the length of the catch season.
B. Limiting the number of boats allowed in a given area.
C. Limiting catch size (TAC).
D. Issuing individual transferable quotas (ITQs).
Answer: D
You might also like to view...
In the United States in 2014, the highest marginal tax rate for individual income taxes was 39.6%
Indicate whether the statement is true or false
Total costs increase from $1,500 to $1,800 when a firm increases output from 40 to 50 units.. Which of the following are true?
a. AC rise by $1.00 b. AC fall by $1.50 c. AC rise by $1.50 d. AC fall by $1.00
If the CPI is 200, then the price level has _____ since the base year
a. doubled b. quadrupled c. tripled d. increased five times e. increased six times
Money doesn't have to have any inherent value to function as a medium of exchange.
Answer the following statement true (T) or false (F)