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by decreasing effort, fishers can often catch more fish. Explain how this might sometimes be true.

by decreasing effort, fishers can often catch more fish. Explain how this might sometimes be true.

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Answer #1

it can be true because of diminishing marginal return. As per the law of diminishing marginal return as we go on increasing one of the input more and more keeping the other resources constant after a point the total return starts decreasing.

For example, Fisher man is going in with 10 boats and catching 100 tons of fish in a day, Its 10 tons per boat, With just 8 boats he can catch 96 tons that is 12 tons per boat. As he go on increasing the capital resource i.e. the boats the total retrurn per boat will start decreasing due to diminishing return.

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