2. Table 1 presents data for a fishery where all catch is brought to Port Jones. The discount rate is zero (r=0)). Data for four management regimes are presented: The first regime involves sustained yield harvesting at the maximum sustained yield stock level SMSy using I'T'Qs. The second involves sustained yield harvesting at the efficient sustaincd yicld stock level Susy using ITQS. The third is an open access use of the fishery. The fourth involves sustained yield harvesting at the efficient sustained yield stock level Srs using regulated open access, where cach season the government sets a total allowable catch (TAC), and closes the fishery once the TAC is obtained. Management Regime B D Sustained yield harvest at the Sustained yield harvest at the maximum sustained yield Sustained yield harvest at the stock level (S-MSY), using efficient sustained yield stock open access use of the efficient sustained yield stock fishery level (S-ESY), using ITQs level (S-ESY), under regulated open access ITOS Sustained yield stock: 1600 2400 1400 2200 Sustained yield harvest: 100 60 80 60 Sustained yield profits: 30 50 0 50 b. Looking only at the row of sustained yield harvest levels, are the data consistent with the model of fisheries examined in class? Circle the correct response. (2 pts.) YES NO 2. Table 1 presents data for a fishery where all catch is brought to Port Jones. The discount rate is zero (r=0)). Data for four management regimes are presented: The first regime involves sustained yield harvesting at the maximum sustained yield stock level SMSy using I'T'Qs. The second involves sustained yield harvesting at the efficient sustaincd yicld stock level Susy using ITQS. The third is an open access use of the fishery. The fourth involves sustained yield harvesting at the efficient sustained yield stock level Srs using regulated open access, where cach season the government sets a total allowable catch (TAC), and closes the fishery once the TAC is obtained. Management Regime B D Sustained yield harvest at the Sustained yield harvest at the maximum sustained yield Sustained yield harvest at the stock level (S-MSY), using efficient sustained yield stock open access use of the efficient sustained yield stock fishery level (S-ESY), using ITQs level (S-ESY), under regulated open access ITOS Sustained yield stock: 1600 2400 1400 2200 Sustained yield harvest: 100 60 80 60 Sustained yield profits: 30 50 0 50 b. Looking only at the row of sustained yield harvest levels, are the data consistent with the model of fisheries examined in class? Circle the correct response. (2 pts.) YES NO