Answer this question using the American Eagle (AE) Annual Report found in Appendix B of your textbook. For numerical answers do not include commas. To report your answer as a loss or a decrease use a minus sign (-) in front of your numerical answer. If your answer is a dollar amount, be sure to put the dollar sign ($) in front of your numerical answer. Make sure your answers include the correct number of zeros!

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery