Using maximum sustainable yield (MSY) management in the 1970s, the limit for orange roughy catches in New Zealand was set very high based on the
assumption that the fish had a short life span and bred quickly. Many stocks
were depleted, and as a result, the catch limits were lowered. This decision
reflected which type of resource management?
A. Adaptive
B. Rational
C. Traditional
D. Ecosystem-based

True or false. in studies examining gender differences and juvenile crime, recent research has shown that the gender gap for drug and violent offenses is getting smaller.

How can firms use marginal analysis to determine the price of a product? a) profit maximization can occur when the marginal cost exceeds the marginal revenue. b) the total cost of production can determine the individual unit price of a product. c) marginal analysis can be used to determine at what price profit maximization occurs. d) firms can calculate the marginal cost of a product and set the price lower than the cost.

What is the quickest way to resolve problems from a supply shock?