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Unformatted text preview: profit of $247,500,000. However, the most effective run was 2E, because we not only made a lot of profit ($213,750,000), but we also kept a stable population throughout the process. In this situation the catch limits for both adults and sub-adults were decreased. When I didn’t use catch limits, I still ended up near the same profits as with catch limits. There was roughly a $20 million differential between the two settings. I think what accounts for the loss in profit is that with catch limits, they are saving more fish for each of the upcoming years. Without the catch limit, they make all their profit in the first year, and save no fish for the upcoming years, which leads to less profit overall. A key component into creating the most profit is maintaining a stable population, which the catch limit helps create....
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- Spring '06
- $20 million, $213,750,000, $247,500,000, Steve Avery, catch limits