The graph below depicts the relationship between fish, Ask an Expert

Economics

The graph below depicts the relationship between fish species population and annual growth. Identify the following on the graph.

Maximum sustainable yield (MSY)

Critical minimum population (Xmin)

Maximum population level or natural state (Xmax)

Explain the following:

Why is the critical minimum population ( Xmin) an unstable equilibrium?

Why is the natural state population (Xmax) a stable equilibrium?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91870003

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