What is the economic rationale for limiting the length


Problem

1. What is the economic rationale for limiting the length of the fishing season, and limiting the daily catch of fishermen?

2. Discuss the following statement: The Coase Theorem defines the boundary between markets (voluntary exchange) and law (involuntary exchange).

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What is the economic rationale for limiting the length
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