rules issued? 4. Three students notice that in the experiment, the total catch of protein is higher when the government uses licenses to restrict the catch of fish. They make the following statements:
i. "With no limits on fishing, the stock eventually falls below the level necessary for the fish to reproduce."
ii. "Hunting is more productive than fishing, even when there are lots of fish, so fishing licenses raise output by forcing more people to hunt."
iii. "With limits on fishing, fewer total fish are caught in the early months of a year, but more are caught in later months."
Select the answer below that identifies which of these statements is correct.
A. Only statements ii and iii are correct.
B. Only statement i is correct.
C. Only statements i and iii are correct.
D. Only statement ii is correct.
E. Statements i, ii, and iii are all correct.
F. Only statement iii is correct.
G. Only statements i and ii are correct.
i. "With no limits on fishing, the stock eventually falls below the level necessary for the fish to reproduce."
ii. "Hunting is more productive than fishing, even when there are lots of fish, so fishing licenses raise output by forcing more people to hunt."
iii. "With limits on fishing, fewer total fish are caught in the early months of a year, but more are caught in later months."
Select the answer below that identifies which of these statements is correct.
A. Only statements ii and iii are correct.
B. Only statement i is correct.
C. Only statements i and iii are correct.
D. Only statement ii is correct.
E. Statements i, ii, and iii are all correct.
F. Only statement iii is correct.
G. Only statements i and ii are correct.