This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider the stock of ocean tuna which is massively overfished. It is rational for an individual to ... (Read 70 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 29, 2018
Consider the stock of ocean tuna which is massively overfished. It is rational for an individual to exploit the resource rather than to conserve the stock because
 
  A) the marginal private benefit of harvesting tuna is lower than the marginal social benefit of harvesting it.
  B) the marginal private cost of harvesting the fish is lower than the marginal social cost.
  C) the marginal social cost of harvesting the fish is lower than the marginal private cost.
  D) the marginal private benefit of harvesting tuna is higher than the marginal social benefit of harvesting it.

Question 2

Refer to Table 2-16. What is Estonia's opportunity cost of producing one cell phone?
 
  A) 0.2 board feet of lumber B) 5 board feet of lumber
  C) 8 board feet of lumber D) 32 board feet of lumber
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bsand8

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 29, 2018
:D TYSM

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

A tail from a different individual - the tail of each humpback whale is visibly unique. A tail from a different individual - the tail of each humpback whale is visibly unique.
Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Characteristics of the individual determine (a) whether they will be exposed to certain stressors ... Characteristics of the individual determine (a) whether they will be exposed to certain stressors ...
Global Winds and Ocean Currents Global Winds and Ocean Currents
Ocean water flows vertically and horizontally, influencing climate Ocean water flows vertically and horizontally, influencing climate
Ocean currents around the Antarctic Ocean currents around the Antarctic
Video: Male Reproductive System - The gonadotropin releasing hormone

For a complete list of videos, visit our video library