Overfishing in countries like Japan has led to near distinction of some fishes due to the common believe that the supply of fishes is 'free and unlimited'. Identify and describe this incorrect assumption about nature and suggest a solution to overfishing

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Overfishing in countries like Japan has led to
near distinction of some fishes due to the
common believe that the supply of fishes is
'free and unlimited'. Identify and describe this
incorrect assumption about nature and
suggest a solution to overfishing
Transcribed Image Text:Overfishing in countries like Japan has led to near distinction of some fishes due to the common believe that the supply of fishes is 'free and unlimited'. Identify and describe this incorrect assumption about nature and suggest a solution to overfishing
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