Question: 8. (5 points). Without solving for the expected profits for the fishery, do you expect that the fishery will always want to offer such a

8. (5 points). Without solving for the expected profits for the fishery, do you expect that the fishery will always want to offer such a deal? Do you expect the fishery to be more likely to want to offer the deal if its own externality parameter e is small or large?

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