What is the maximum sustained yield of a renewable resource? What is the difference between a stable and unstable equilibrium? What are the shapes of the total revenue and total cost curves for a fishery? What are the shapes of the various cost and revenue curves for a fishery? What is the normal relationship between the economic optimum, the open-access equilibrium, and the maximum sustained yield for a fishery? What are some policies that could be instituted to encourage sustainable fishery management? What are individual transferable quotas? Why is shifting human consumption patterns important for sustainable fishery management? What is ecolabeling and how could it be used to encourage sustainable fishery management? What are the advantages and disadvantages of aquaculture?