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Which of the following is correct about the open access situation of competitive fishers. -Price fluctuations have no influence on the strategy of the fishers.
Which of the following is correct about the open access situation of competitive fishers.
-Price fluctuations have no influence on the strategy of the fishers.
-New fishers will enter if there is a profit to derive,and existing fishers will go if the profit will get negative.
-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.
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