The following graph depicts a net natural growth function for a fish stock that exhibits critical depensation.
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The following graph depicts a net natural growth function for a fish stock that exhibits critical depensation. X is the minimum viable stock level because for stock levels smaller than X growth is negative and the stock is doomed for extinction. What does the yield-effort curve look like in this instance if harvest is directly proportional to fishing effort and fish stock?
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Related Book For
Principles Of Microeconomics
ISBN: 9780812224177
1st Edition
Authors: Eugene Silberberg And Gregory Ellis
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