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1.(a) What would the biological growth curve look like if a critical stock size exists below...

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Economics

1.(a) What would the biological growth curve look like if acritical stock size exists below which growth rates become negativeand the stock evolves to zero? (b) What would be the efficiencyimplications of granting a fishery to one individual as a soleowner? (c). Why is there a difference between the maximum sustainedyield and the economically efficient sustained yield?

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