The beach to do with as they please including harvesting

Assignment Help Microeconomics
Reference no: EM13387685

In Costa Rica, only a few beaches remain that are nesting grounds for sea turtles. Some of those beaches have communities situated near them; traditionally, the local people collected the turtle eggs and sold them for their purported aphrodisiac powers. As a result, sea turtle populations became endangered. To protect the sea turtle populations, the Costa Rican government gave each family in these villages ownership of a portion of the beach to do with as they please, including the harvesting and selling of sea turtle eggs. Sea turtle populations have started to increase. What is the economic rationale for this result?

Reference no: EM13387685

Questions Cloud

Explain the effect of tax on the deadweight loss why is it : explain arthur laffers theory of tax rates relative to tax revenue. what is the effect of a tax on the deadweight loss?
What do you mean by producer surplus and how is it measured : what is producer surplus and how is it measured? what is the relationship between the cost to sellers and the supply
Determine the principal advantages and disadvantage of : determine the principal advantages and disadvantage of issuing 30-year bonds over 5-year bonds for the companies you
Explain both quotas and tariffs how do they influence : describe both quotas and tariffs. how do they impact domestic prices and deadweight loss? how does an import quota
The beach to do with as they please including harvesting : in costa rica only a few beaches remain that are nesting grounds for sea turtles. some of those beaches have
Suggest two ways that a company can gain a competitive : propose two ways that a company can gain a competitive advantage over other companies when striving to recruit job
Write federal governments three most important sources of : list the federal governments three most important sources of tax revenue. how do these differ from your state
Examine the risks to merchandising that business may : please respond to the following analyze the risks to merchandising that a business may experience and how they might be
The erp interface will improve the supply chain ordering : suppose you are working on a project to develop an enterprise resource planning erp interface for the operations

Reviews

Write a Review

Microeconomics Questions & Answers

  What effect system will have on total quantity of garbage

Residents of your city are charged a fixed weekly fee of $6 for garbage collection. They are allowed to put out as many cans as they wish. The average household disposes of three cans of garbage per week under this plan.

  Information about equilibrium price and output

The switch to the use of HFCS from sugar in soft drinks was prompted in large part by its relatively lower price. Assuming a competitive market, what effect would this change have on the equilibrium price and output for soft drinks?

  Show the equivalence of tariffs and quotas

Show the Equivalence of tariffs and quotas, This requires three graphs showing the effect of tariffs and quotas in situations of a reduction in domestic supply, a decrease in domestic demand, and an increase in domestic supply

  Based on some very insightful market research

An (honest) stamp collector is considering selling one of her prize stamps. Based on some very insightful market research she knows that there are two bidders and each bidder just wants to add the stamp to their own private collection and is not worr..

  Computing the real interest rate

If the dollar appreciated in real terms against the euro by 2 percent in a year, and in same year, inflation rates in the U.S. and the euro zone were 3 percent and 1 percent,

  What is real wage as determined by price-setting equation

Suppose that the firms markup over costs is 6%, and the wage-setting equation is W = P(1-u+z) where u is the unemployment rate and z is equal to 0.03. What is the real wage as determined by the price-setting equation? What is the natural ..

  Explain the equilibrium level of gdp or the interest rate

Is there a BOP equilibrium or a BOP deficit/surplus.What is the equilibrium level of GDP and the interest rate.

  Describe the effects on the price of a recordable cd

What is the effect on the price of a recordable CD and the quantity of recordable CDs sold if a. The price of an MP3 download rises? b. The price of an iPod falls? c. The supply of CD players increases?

  Movie theaters charge a variety of admission prices one for

movie theaters charge a variety of admission prices one for matinees another for evening showings one for students and

  Explainthe financial services modernization ac

The Financial Services Modernization Act a. reinforced the Glass Steagall Act b. prevented mergers of banks c. eliminated barriers between banks, brokerage houses, and insurance companies

  Explain the concept of deadweight loss as well as answer

explain the concept of deadweight loss. as well as answer the questions why does taxing a product lead to deadweight

  A monopolist has two types of customers there are 100 of

a monopolist has two types of customers. there are 100 of type a who will each pay up tp 10 for a single unit of the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd