Solve the Problem. -To Determine the Number of Fish in a Lake, a a Lake

question 156

Multiple Choice

Solve the problem.
-To determine the number of fish in a lake, a park ranger catches 280 fish, tags them, and returns them to the lake. Later, 108 fish are caught, and it is found that 30 of them are tagged. Estimate the number of fish in the
Lake.

• A)78
• B)12
• C)907,200
• D)1008

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Definitions:

Natural Resource Economics

A branch of economics that studies the optimal use and management of natural resources.

Harvesting

The process of gathering ripe crops from the fields, or in a broader business context, the act of capturing value from a business initiative or venture once it has matured.

Real GDP

The measure of the value of economic output adjusted for price changes (inflation or deflation), providing a more accurate reflection of an economy's size and growth.

Energy Consumption

The amount of energy used by devices, systems, or processes, typically measured over a specific time frame.