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
Ilia_Sergeevich [38]
2 years ago
12

Charging a license fee for access to a fishery will ... a)              result in no change in total harvest levels. b)         

    result in harvest levels equal to the maximum sustained yield. c)              reduce harvest levels towards the economic optimum. d)             result in harvest levels at the open-access equilibrium. e)              result in increased entry into the fishery.
Business
1 answer:
VikaD [51]2 years ago
5 0

Answer:

c) reduce harvest levels towards the economic optimum.

Explanation:

An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.

Licensing can be defined as a strategic business approach, which involves a company giving permission (license) to another company so it has the right to produce or manufacture its products, usually for a specific amount of money.

When a license fee is charged by a licensor for access to a fishery, it will significantly reduce harvest levels towards the economic optimum, where neither a smaller nor a larger factor would yield any form of advantage.

This ultimately implies that, a license fee would serve as a limiting factor that prevents or limits the number of people going into fish farming and as a result of this, the total amount of fish that would be harvested would be smaller.

You might be interested in
You have determined the following data for a given bond: Real risk-free rate (r*) = 3%; inflation premium = 8%; default risk pre
vagabundo [1.1K]

Answer: 16%

Explanation:

Interest rate on long term treasury securities is calculated below using following formula:

Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium

= 3% + 8% + 2% + 2% + 1%

= 16%

Interest rate on long term treasury securities is 16%.

4 0
3 years ago
Which of these is an example of a good with elastic supply?
DerKrebs [107]

Answer:

sandwiches

Explanation:

supplier has plenty of spare capacity to increase output

high stocks levels are available to meet raising demand

short production time frame to get products to market

easy of factor substitution is high

8 0
3 years ago
Read 2 more answers
In a cost reconciliation schedule, costs accounted for is computed by adding the cost of the beginning work in process and the c
frozen [14]

Answer:

ending work in process and the cost of units transferred out.

Explanation:

In a cost reconciliation schedule, costs accounted for is computed by adding the cost of the ending work in process and the cost of units transferred out.

The cost reconciliation schedule gives the relationship between total costs accounted for and total costs to be accounted for.

When the total costs accounted for equal the total costs to be accounted for, this is a cost reconciliation schedule.

8 0
3 years ago
Quien es el equipo con más champions​
Black_prince [1.1K]

Responder:

Real Madrid

Explicación:

El Real Madrid ha ganado la Liga de Campeones un récord asombroso 13 veces. (Todo lo que hice fue buscar en Google "quién es el equipo con más campeones" y eso es lo que obtuve) Espero que esto ayude.

6 0
3 years ago
Which of the following is TRUE of debt securities? (A) Debt securities include preferred stocks. (B) Debt securities typically p
Bingel [31]

Answer:

The statement which is correct and true is that the debt securities usually pay interest for the fixed period or year. Therefore, the correct option is B.

Explanation:

Debt securities are the securities which refer to a debt instrument like CD (Certificate of deposit, preferred stock, corporate bond and municipal bond, it is sold or bought among the parties.

It is also called as the securities which are fixed income, therefore, the statement which is correct is that these securities pay interest for a fixed period.

6 0
3 years ago
Other questions:
  • Convincing colleagues and friends to donate at or near the maximum amount of $2,700 to an individual candidate and then deliveri
    5·1 answer
  • Smaller bags of items are generally priced lower per unit than larger bags.
    15·1 answer
  • Which of the following is true of flow shop processes? a. They use different sequence of processing steps for different orders.
    12·1 answer
  • Every winter, Laurie's skin becomes very dry and results in painful cracks in her skin on her fingers. Once this happens, Laurie
    15·1 answer
  • Denise Company manufactures three products from a joint process. Joint costs for the year amounted to​ $250,000. The following d
    14·1 answer
  • Employees at City Bank and Trust were really impressed with Liam, the new CEO. He was the first person who had fully developed a
    8·1 answer
  • Discuss why it is important for human resource management systems to be in sync with an organization’s strategy and goals and wi
    11·1 answer
  • What is the presses that creates a shortcut on your taskbar
    15·2 answers
  • A loss is when:
    8·2 answers
  • consider your decision to read this textbook on economics. identify which of the four core principles of economics is most relev
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!