2. With discounting it is possible for the efficient fish population to fall below the level required
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2. With discounting it is possible for the efficient fish population to fall below the level required to produce the maximum sustained yield. Does this violate the sustainability criterion? Why or why not?
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Related Book For
Environmental And Natural Resource Economics
ISBN: 9781315523965
10th Edition
Authors: Thomas H Tietenberg, Lynne Lewis
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