Question

Explain the pros and cons of Maximum Economic Yield and Maximum Sustainable Yield relative to one...

Explain the pros and cons of Maximum Economic Yield and Maximum Sustainable Yield relative to one another.

Homework Answers

Answer #1

Answer : Maximum sustainable yield and Maximum Economic yield .

  • Maximum sustainable yield has higher than the maximum Economic yield.
  • Maximum Economic yield is included monetary terms of effort and return in sustainable yield formulation where as maximum sustainable yield does not take into account the Monetary terms as they accounts the average catch that can be capatured from a stock under existing environment condition.
  • Maximum Economic yield is the largest positive difference between total revenue and total cost of fishing as compare to maximum sustainable yield.
  • Maximum sustainable yield provided higher average catch as compare to maximum Economic yield.
  • Maximum sustainable yield is the best method in fishiers management.
  • Maximum sustainable yield is more appropriate and accurate.
  • Maximum sustainable yield is costly as compare to maximum Economic yield.
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is economic nationalism? Is it good or bad? Also what are the pros and cons.
What is economic nationalism? Is it good or bad? Also what are the pros and cons.
Explain the pros and cons of having a large cash balance
Explain the pros and cons of having a large cash balance
Explain the pros and cons of having a large cash balance.
Explain the pros and cons of having a large cash balance.
Economic analysis on amazon, and amazon prime. What are the values, and pros and cons? Benefits?...
Economic analysis on amazon, and amazon prime. What are the values, and pros and cons? Benefits? Will it be sustained in the long-run? What am I trying to show? Why should people care? Why is it interesting?
Identify the pros and cons of economic interdependence. Apple has chosen to have the components for...
Identify the pros and cons of economic interdependence. Apple has chosen to have the components for the iPhone manufactured by more than 30 companies around the world, as opposed to producing everything itself. Address the three basic economic questions: How is this decision likely to change how the iPhone is to be produced? How is this decision likely to change for whom the goods are produced? For example, how will this decision affect the payments to labor and capital? Does...
Explain inflation targeting in the U.S. and explain two pros and two cons for inflation targeting.
Explain inflation targeting in the U.S. and explain two pros and two cons for inflation targeting.
Explain what alternative dispute resolution involves, and identify the pros and cons from the perspective of...
Explain what alternative dispute resolution involves, and identify the pros and cons from the perspective of the employee and the pros and cons from the perspective of the employer. Remember, you want to include the bulk of your explanation in the speaker notes, not on the slide
Is the maximum sustainable yield synonymous with efficiency? 10 marks with diagrams
Is the maximum sustainable yield synonymous with efficiency? 10 marks with diagrams
explain the pros and cons of grouping data into classes vs. using the raw data.
explain the pros and cons of grouping data into classes vs. using the raw data.
Explain Information technologies and its potential impact, and discuss the ethical pros and cons of it.
Explain Information technologies and its potential impact, and discuss the ethical pros and cons of it.