Figure 13.16 suggests that market forces tend to drive the population to N L . Use that

Question:

Figure 13.16 suggests that market forces tend to drive the population to N_L. Use that figure to show how taxation or subsidization may be used to control the location of N_L.
What forms might the taxation and subsidization take? (One cost to the fisherman is the various taxes he pays.) Apply your ideas to the whale fishery.

Figure 13.16