With a quota of 40 tons a month for the tuna fishing
a. With a quota of 40 tons a month for the tuna fishing industry, what is the equilibrium price of tuna and the quantity of tuna that fishers catch?
b. Is the equilibrium an overfishing equilibrium?
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a with a quota of 40 tons a month for the tuna fishing industry what is the equilibrium price of tuna and the quantity
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