Which of the Following Policies Has Succeeded in Reducing Fishery

question 75

Multiple Choice

Which of the following policies has succeeded in reducing fishery catch sizes?

• A) limiting the length of the catch season
• B) limiting the number of boats allowed in a given area
• C) limiting catch size (TAC)
• D) All of the other possible answers are correct.

---

Definitions:

Liquidity

The simplicity of turning an asset into cash without noticeably impacting its market value.

Payback Period

The duration of time it takes to recoup the initial investment in a project or asset, calculated by dividing the investment amount by the annual cash inflow.

Internal Rate

Often refers to the internal rate of return (IRR), a metric used to estimate the profitability of potential investments.

Net Present Value

A financial metric that calculates the present value of all cash flows associated with a project, considering both inflows and outflows, to assess profitability.