The government can intervene to avoid overfishing by:
A) assigning property rights.
B) imposing a tax on usage.
C) granting a limited number of tradable fishing permits.
D) assigning property rights, imposing a tax on usage, and/or granting a limited number of tradable fishing permits.

Question

Quizplus · Accepted Answer

The government can use any combination of these methods to regulate fishing and prevent overfishing. Assigning property rights can create incentives for sustainable fishing, taxes can discourage excessive fishing, and tradable permits can limit total catch while allowing flexibility.

The Government Can Intervene to Avoid Overfishing By