Japanese fishermen use gill nets to catch tuna with great efficiency.Many environmentalists have objected to this practice since many marine animals such as dolphins and sharks are killed by the nets and discarded by the fishermen.Which of the following statements is most correct?
A)a private solution can be reached through negotiation between the fishermen and the environmentalists
B)a private solution is not practical due to the number of individuals affected
C)the market price of tuna is higher than the socially optimum price of tuna
D)a private solution to this problem would not effect the price of tuna

Question

Quizplus · Accepted Answer

A private solution is not practical due to the large number of individuals affected, including various marine species and potentially numerous fishermen and environmental groups, making negotiations complex and difficult to enforce.

Japanese Fishermen Use Gill Nets to Catch Tuna with Great