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Suppose that average income in the world and the cost of catching fish are both equal to their initial values, US$5,000 per year for income and...

Suppose that average income in the world and the cost of catching fish are both equal to their initial values, US$5,000 per year for income and US$2,500 per ton for cost.

True or False: With these values, the equilibrium catch of fish caught is less than the maximum sustainable catch indicated by the stationary thin vertical line.

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