Describing externalities, What types of inefficiencies

Describing externalities

Reference no: EM1311893

Efficiency and sustainability are management goals with respect to renewable resources. As Field explains, biological and economic considerations are typically blended in determining the efficient allocation of these resources. With respect to fisheries and biodiversity:

What types of inefficiencies and/or externalities arise in each renewable resource case that interferes with sustainable and efficient management results?

Reference no: EM1311893

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