Figure 7-7
 

In Figure 7-7 at 100 units, AFC equals

If there is a causal relationship between two variables X and Y

A) both should be used as explanatory variables. B) then the causal variable should be used as the explanatory variable. C) then they must be positively correlated. D) one of them can be omitted from the analysis.

Individual transferable quotas (ITQs):

A. promote efficiency and limit catches. B. promote efficiency in production but still lead to overfishing. C. limit catches but encourage production cost increases that are inefficient. D. have failed to limit catches or promote efficiency.