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Solve clearly c. I3 I am} at m aocesg an alternative to an ITQ for government regulators is a limit on the number uf hunts

Solve clearly

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c. I3 I am} at m aocesg an alternative to an ITQ for government regulators is a limit on the number uf hunts and the size of the nets alluwed. Describe how the outcome of that policy would alter i} the graph below (show on the graph) and ii} change the net social benet of this shery? (Note SEW" is the open access stock level, and so initial stock is 3109')- . I . Stock Sam SE1 SE75 SE3 \"Sn-1'3"Ill 511 511 313 Suppose the value ($} represented by each area in the graph above are as follows: A: 200; B =3; C = 35!]; D = 41.11]; E = 5111:13 = 400; G: 300- Assume the discount rate is 4%. d. [4] Calculate the xed cost using the information above. e. [4] Calculate the prots under the optimal escapement level {assume no change in xed costs om part d)

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