Question

Declining populations of tuna in the Atlantic Ocean have likely had which of the following impacts on the wages of tuna fishermen?:

a) Increased wages due to scarcity
b) Decreased wages due to oversupply
c) Unpredictable wage fluctuations
d) No impact on wages

Answer 1

Declining tuna populations in the Atlantic Ocean have likely decreased the wages of tuna fishermen, as catch quotas and scarcity hinder earning potential, despite potential increases in fish prices.

Step-by-step explanation:

Declining populations of tuna in the Atlantic Ocean have likely led to decreased wages for tuna fishermen due to the scarcity of tuna, which makes it harder for fishermen to catch enough fish to maintain their previous income levels. This situation is further exacerbated by the strict enforcement of catch quotas intended to prevent overfishing and the potential extinction of certain fish species. As the supply of tuna decreases, fish prices are likely to increase; however, the total revenue for fishermen may not necessarily increase if they are unable to catch as many fish as before due to depleted stocks or regulatory limitations.