We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Trends in the cod market - Admission/Application Essay Example

Comments (0)
From 1968, the there is an increase the metric tons of fish that are demanded although the supply is fixed. With this analysis, it is evident that because…
Download full paper
Trends in the cod market
Read TextPreview

Extract of sample
Trends in the cod market

Download file to see previous pages... This has contributed to the high demand of the fishes in the world (Waters). In this light, biological explanations of the phenomenon indicate that the prey of the codfish population reduced because of overfishing and lack of better resource management.
Further, overfishing has devastating effects which if not controlled could even lead to depletion in the supply of certain resources. With the misconceptions on the inexhaustibility of resources, the cod fishery effects increased and therefore led to the decreased population of the fish. With fewer resources therefore, the law of demand states that the demand is bound to increase by critical levels.
In addition, the prisoner’s dilemma principle may have also led to overfishing in most of the seas. This economics concept tries to explain the decisions that would make an individual predict a rival’s move and act in an approach that will maximize the pay-offs. In this light therefore, many cod fishermen have turned to overfishing, because this is what they think other fishermen are also doing before the stocks run out. With this aspect in mind, they will take more than the required share even if an agreement is placed to control the amount of fish they are supposed to take. This has led to the decline in the cod population and therefore raised their demand.
Expectations of depletion in the population of cod have also led to increases in the demand and subsequent overfishing. With the decreasing population of cod, many fishermen expect that in the near future the cod will not be in existence. This expectation has increased their attempts to get better catches and improve their customer’s high levels of demand.
On the other hand, favorable tastes and preference towards the codfish have also led to the increase in the demand of cod. In this perspective therefore, the fish steak in most countries including Europe have preferred to use ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Australia Housing Market
The ever increasing population and the desire for individuals to access decent housing has made the search, for properties more intense and even the current recession hasn’t stopped this. Australia like other nations has a more or less the same situation.
3 Pages(750 words)Admission/Application Essay
Identify and discuss the concept of time to market with respect to the commercialization plan and value creation
The concept forms a vital constituent of time-based competition in which products get quickly outmoded. Through the commercialization process, new products or methods of production and services are introduced to the market. An effective commercialization plan is one through which a product or service reaches its target market and has an impact on lives.
3 Pages(750 words)Admission/Application Essay
Toyota - Market Trends
and intense competition have resulted in near parity products, and the brand name is the primary characteristic distinguishing, say, a Lexus from a Toyota. In sports utility vehicles, Toyota offers dependability, quality, and value. BMW offers driving excitement, performance,
3 Pages(750 words)Essay
Carbon market
The major forms of the carbon include that of diamonds and graphite in solid form and carbon dioxide in the gaseous state. Also, carbon is extensively available in the water bodies. Carbon is also found in stars, comets and atmosphere of other planets in
8 Pages(2000 words)Admission/Application Essay
Change Strategies AND Change Program
These forces either may act together or may work in isolation to actually work on organizations to make them adapt to new behaviors and attitudes to accommodate the changes taking place
5 Pages(1250 words)Admission/Application Essay
Long-term trends in Paleolithic cultural and biological evolution
Improved language capacities proved crucial in the development of culture through social learning and information sharing. As the brain size of the early human
7 Pages(1750 words)Admission/Application Essay
Critical essay about the book Design for the real world
Chapter six of the book is titled ‘snake oil and thalidomide’ is perhaps the most eye opening and informative chapters on the power that designers have to shape life and the environment around them. The job becomes harder when other external
6 Pages(1500 words)Admission/Application Essay
Antitrust Practices and Market Power
The European commission wants to investigate companies in the gas and oil market for antitrust behavior because; these companies have taken advantage of their dominant position in the market to cause malfunctioning in the company (Ian, 2006). The
2 Pages(500 words)Admission/Application Essay
Market Equilibration Process Paper
Both suppliers and consumers need the scarce resource that the other has and therefore there is a significant incentive to engage in an exchange (Townsend, 2002). In its modest form, the continuous interaction of sellers and buyers enables a price to emerge
3 Pages(750 words)Admission/Application Essay
Ethical Dilemma
In an era where customer expectations from suppliers is high, coupled with declining customer loyalty and increase in demand volatility presents a great challenge to the
2 Pages(500 words)Admission/Application Essay
Let us find you another Admission/Application Essay on topic Trends in the cod market for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us