According to lecture, evaluating the abundance, and thus health, of fish stocks in pelagic fisheries like the Cod fishery in terms of steady catch rates or profits from fishing, is problematic because it: OIgnores the role that increasingly efficient fishing technology plays in keeping catches and profits steady, when fish populations may be declining O Assumes every fisherman is reporting their profits and catches accurately OIs based on estimates rather than hard numbers regarding catch and profit O Ignores the fact that pelagic fishers, like the cod fishery off the NE coast of North America, is regulated by community-based resource management
According to lecture, evaluating the abundance, and thus health, of fish stocks in pelagic fisheries like the Cod fishery in terms of steady catch rates or profits from fishing, is problematic because it: OIgnores the role that increasingly efficient fishing technology plays in keeping catches and profits steady, when fish populations may be declining O Assumes every fisherman is reporting their profits and catches accurately OIs based on estimates rather than hard numbers regarding catch and profit O Ignores the fact that pelagic fishers, like the cod fishery off the NE coast of North America, is regulated by community-based resource management
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
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![According to lecture, evaluating the abundance, and thus health, of fish
stocks in pelagic fisheries like the Cod fishery in terms of steady catch
rates or profits from fishing, is problematic because it:
OIgnores the role that increasingly efficient fishing technology plays in keeping
catches and profits steady, when fish populations may be declining
O Assumes every fisherman is reporting their profits and catches accurately
OIs based on estimates rather than hard numbers regarding catch and profit
O Ignores the fact that pelagic fishers, like the cod fishery off the NE coast of
North America, is regulated by community-based resource management](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9f47ba58-570d-4fc9-8327-b6e33230138f%2Ff3de44d5-608e-4fb9-8b2f-721b0e96b462%2Fqumeb1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:According to lecture, evaluating the abundance, and thus health, of fish
stocks in pelagic fisheries like the Cod fishery in terms of steady catch
rates or profits from fishing, is problematic because it:
OIgnores the role that increasingly efficient fishing technology plays in keeping
catches and profits steady, when fish populations may be declining
O Assumes every fisherman is reporting their profits and catches accurately
OIs based on estimates rather than hard numbers regarding catch and profit
O Ignores the fact that pelagic fishers, like the cod fishery off the NE coast of
North America, is regulated by community-based resource management
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