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Figure 7-8 -"Overfishing" Impairs the Ability of Fish Stock to Replenish Itself

Question 115

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Figure 7-8
Figure 7-8    - Overfishing  impairs the ability of fish stock to replenish itself, so the stock of fish declines.Fishermen then attempt to increase output by adding more boats and fishing longer.Which average cost curve in Figure 7-8 depicts the  overfishing  situation? A) 1  B) 2  C) 3  D) 4
-"Overfishing" impairs the ability of fish stock to replenish itself, so the stock of fish declines.Fishermen then attempt to increase output by adding more boats and fishing longer.Which average cost curve in Figure 7-8 depicts the "overfishing" situation?


A) 1 
B) 2 
C) 3 
D) 4

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