If Too Many of a Certain Species of Game Fish

question 41

Multiple Choice

If too many of a certain species of game fish are caught,the population will crash and future years of fishing in the lake will suffer.Your job as a fisheries and wildlife officer is to decide how many fish you should allow to be harvested so as to sustain the sport fishing industry while maintaining the fish population.Assuming the fish population normally experiences logistic population growth,which of the following options would seem to make the most sense in managing this fish population?

• A)Allow harvesting to a level of half of the species' carrying capacity.
• B)Allow harvesting only above the species' carrying capacity.
• C)Allow harvesting to a level of the species' full carrying capacity.
• D)Allow harvesting to a level of 1/10 of the species' carrying capacity.

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Definitions:

Variable Costs

Costs that vary directly with the level of production or business activity, such as materials, labor, and overhead expenses.

Break-Even Point

The point at which total costs and total revenue are equal, meaning no net loss or gain, and the business is not making a profit but is also not losing money.

Variable Costs

Costs that vary depending on how much is produced or sold.

Break-Even Point

The production level or sales volume at which total revenues equal total expenses, resulting in no net loss or gain.