Describe the inefficiency and externalities

Reference no: EM1311888

Efficiency and sustainability are management goals with respect to renewable resources. As Field explains, biological and economic considerations are typically blended in determining the efficient allocation of these resources. With respect to fisheries and biodiversity:

Suggest several policy options that can alleviate the inefficiencies and/or externalities identified in inefficiencies and/or externalities arise in each renewable resource case that interferes with sustainable and efficient management results?

Reference no: EM1311888

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