Excessive Fishing Occurs Because

question 77

Multiple Choice

Excessive fishing occurs because

• A)each individual fisherman has little incentive to maintain the species for the next year.
• B)fishermen rely on government managers to worry about fish populations.
• C)fishermen are unionized, so they are not concerned with externalities.
• D)fishermen have other marketable skills and do not fear exploitation of fish reserves.

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Definitions:

Scarcity

Refers to the fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Freedom of Choice

The ability or right of individuals to make their own decisions without external constraints or coercion.

Emotional Response

The psychological reaction characterized by feelings such as happiness, anger, or fear, triggered by specific stimuli or events.

Disrupt-Then-Reframe Technique

Influence technique in which one disrupts critical thinking by introducing an unexpected element, then reframes the message in a positive light.