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.

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows, with the objective of improving economic efficiency and labor productivity.

Careful Selection

The meticulous process of choosing the most suitable candidates or options based on specific criteria.

Scientific Management

Scientific Management is a management theory developed by Frederick W. Taylor that analyzes and synthesizes workflows with the main objective of improving economic efficiency, especially labor productivity.

Frederick Taylor

Known as the father of scientific management, Frederick Taylor introduced principles aiming to improve industrial efficiency and productivity through systematic study and analysis of work tasks.