please use a diagram to discuss the effectiveness of the following fishery policies. Discuss the advantages...

please use a diagram to discuss the effectiveness of the following fishery policies. Discuss the advantages and disadvantages of each policy.

iii) A restriction on the total annual catch in the fishery

i) A restriction on the number of vessels in the fishery
ii) A tax on fishing effort

Expert Solution

Rahul Sunny answered 1 year ago

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