Hester's Hatchery raises fish. At the end of the current season she has 1,000 fish in the
Question:
a. How many fish should Hester harvest if she wants to maximize the growth of her stock of fish from this season to next season?
b. Do you think maximizing the growth of her fish stock is an economically sound strategy for Hester? Why or why not? Relate to the text discussion on the costs of economic growth.
c. How many fish should Hester harvest if she wants to maximize her current income? Do you think this is a good strategy?
d. Explain why Hester is unlikely to harvest either all or none of her fish, but instead will harvest some and leave the rest to reproduce.
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