Domestic fishers in South-East Asia use small boats and nets while in New Zealand, fishers use large powered boats with modern navigation devices and large nets.New Zealand fishers earn more money.The difference in the incomes of the two groups of fishers is because:

Question

Quizplus · Accepted Answer

Labour efficiency, especially in industries such as fishing, can significantly impact income. In this case, the use of large, modern boats equipped with the latest technology allows New Zealand fishers to catch fish more efficiently than their counterparts in South-East Asia, who use smaller boats and simpler equipment. This efficiency not only increases the volume of catch but also reduces the time and effort required per unit of catch, leading to higher incomes for New Zealand fishers.

Domestic Fishers in South-East Asia Use Small Boats and Nets