Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 17 - Natural Resource and Energy Economics - Discussion Questions: 10

Answer

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Work Step by Step

Doing this in a sustainable way makes sense, for if all of the fish are killed off, there will no longer be any fish to make future profits. Thus, using math and biology, companies predict how much they can extract without killing off the population.
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