1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zalisa [80]
3 years ago
8

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. Boats from as far away as California and Japan

braved the treacherous Gulf of Alaska crossing to reach the abundant king crab beds in Cook Inlet and Bristol Bay. Suddenly, in the early 1980s, the fishery crashed due to over fishing. All crabbing in those areas ended. To this day, there is no crabbing in Bristol Bay or Cook Inlet. a. How would an economist explain the decline of the Alaska king crab fishery? b. Explain two programs you could institute to protect the fishery and still allow some crabbing again. c. Canadians have been very successful in farming salmon in coastal fiords along the coast of British Columbia. Why have they been successful with salmon when the crab fishery crashed?
Business
1 answer:
Readme [11.4K]3 years ago
7 0

Answer and Explanation:

a. The crabs are a Common Good. They means can run out of supply if their use gets too much by society. Therefore, the decline of the Alaska king crab fishery can be explained by stating that the plenty types of boats such as those from California and Japan, has caused people to overfish, excessive fishing has brought about a decline in the supply of crabs.

b. There are 2 ways to avoid this

1. fishing permits have to be sold to the fishermen coming to fish for the crabs. Then the persons with the highest willingness to pay will come and buy the permits to fish.

2. Issuing just a particular amount of permits this would cause the fishermen to trade these permits. These open-market strategies have proved to be effective in organizing economic activity and are good stimulators in an economy.

c. They have been successful because regulations have been placed on fishing by the government. Also, if there are restrictions on other countries using up their spots and Canadians are the only ones fishing salmon, then there will be reduction in the decay rate of the population of the salmon, the salmon can easily repopulate, then Canadians would be able to come back the next year to fish again..

You might be interested in
a 2-year treasury security currently earns 6.75 percent. over the next two years,the real interest rate is expected to be 3.18 p
Anna35 [415]

The maturity risk premium on the 2-year Treasury security is C. 1.39%

Using this formula

rd = r* + IP + MRP

Where

rd represent Required rate of return on 2-year Treasury Security = 6 75%

r* represent real risk free return = 3.18%

IP represent Inflation Premium = 2.18%

MRP represent Maturity Risk Premium

Let plug in the formula

6.75% = 3.18% + 2.18% + MPR

6.75%=5.36%

MRP=6.75% -5.36%

MRP = 1.39%

Inconclusion the maturity risk premium on the 2-year Treasury security is C. 1.39%.

Learn more here:

brainly.com/question/15314847

3 0
2 years ago
Samson's purchased a lot four years ago at a cost of $398,000. At that time, the firm spent $289,000 to build a small retail out
vladimir1956 [14]

Answer:

initial cash flow is 2,929,000

Explanation:

Attached is the table

3 0
3 years ago
Bennett Co. has a potential new project that is expected to generate annual revenues of $266,600, with varlable costs of $146,00
emmainna [20.7K]

Answer:

a.$45,160

Explanation:

    The answer is attached.      

Download xlsx
4 0
3 years ago
Read 2 more answers
What problems has russia experienced in switching from a state-controlled to a free market economy?
Papessa [141]

Answer: Russia experience sever economic crisis

Explanation:

A free market system is one in which the cost and availability of products is determined by the forces of demand and supply. There is no or negligible government intervention in the functioning of the economy. When Russia transformed from being a state controlled system to a market oriented system, it lead to enormous corruption and economic crisis.

8 0
3 years ago
The knowledge and skills acquired by a worker through education and experience is a description of which factor of production? p
Marta_Voda [28]

Answer:

human

Explanation:

I took the test

6 0
3 years ago
Other questions:
  • This morning, you purchased a stock that will pay an annual dividend of $1.90 per share next year. You require a 12 percent rate
    11·1 answer
  • Judith puts $5000 into an investment account with interest compounded explain continuously. which approximate annual rate is nee
    12·1 answer
  • Huprey Co. is the defendant in the following legal claims. For each of following claims, does Huprey (a) record a liability, (b)
    6·1 answer
  • Advantages of installment paying
    11·1 answer
  • Suppose the price elasticity of supply for cheese is 0.6 in the short run and 1.4 in the long run. If an increase in the demand
    15·1 answer
  • Jordan files his income tax return on a calendar-year basis. he is the principal partner of a partnership reporting on a june 30
    10·1 answer
  • On the worksheet, the Service Revenue account has a credit balance of $20,000 on the Unadjusted Trial Balance. In the Adjustment
    6·1 answer
  • *
    12·1 answer
  • How do systems serve different management groups in a business and how do systems that link the enterprise improve organizationa
    15·1 answer
  • What’s the bestselling movie soundtrack of all time?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!