Which of the Following Best Describes the Reason for Over

question 72

Multiple Choice

Which of the following best describes the reason for over fishing in Canadian offshore fisheries?

• A)Fishing has depleted fish stocks leading to smaller catches.
• B)The private marginal cost incurred by current fishermen is less than the social marginal cost.
• C)The private marginal cost incurred by future generations of fishermen is greater than the private marginal cost incurred by current fishermen.
• D)The Canadian government encourages foreign fishing within the Canadian offshore boundary.
• E)None of the above can explain overfishing.