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D Question 1 0.5 pts Which of the following is correct about the open access situation of competitive fishers. O Price fluctuations have no influence

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D Question 1 0.5 pts Which of the following is correct about the open access situation of competitive fishers. O Price fluctuations have no influence on the strategy of the fishers. O New fishers will enter if there is a profit to derive, and existing fishers will go if the profit will get negative. O In an open access situation, it is not possible for new fishers to enter. The resource dynamics does not have an impact of the strategy of the fishers. It is all about money. D Question 2 0.5 pts Provided is the Excel file Exampleprofit(3).xIsx for the Tuna example of Chapter 7 (Figure 7.4). Use this Excel model to define what is the number of fishing boats when the profits is zero and we increase the carrying capacity with 25%. D Question 3 0.5 pts Equation 7.15 is used to calculate Revenue in Figure 7.4 as a function of Effort. True O False

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