1. The maximum sustainable yield, i.e., the level where the catch is equal to the growth of...

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1. The maximum sustainable yield, i.e., the level where the catch is equal to the growth of the biomass, with population size remaining the same, is not synonymous with efficiency. Explain why not?

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Environmental And Natural Resource Economics

ISBN: 9781315523965

10th Edition

Authors: Thomas H Tietenberg, Lynne Lewis

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