115 Table 13. Estimated species composition of MEY catch of reef fish State Red Snappera Catch Groupera Catch proportion proportion Florida 2412.4 38.2 3902.7 61.8 Alabama 1332.4 85.2 231.4 14.8 Mississippi 3261.9 92.4 268.3 7.6 Texas 75.2 92.5 6.1 7.5 TOTAL 7081.9 4408.5 aCatch is measured in thousands of pounds. average fishing power per vessel while Alabama vessels with 9.447 have the most capital intensive average fishing power (Table 14). The rela- tively capital intensive nature of vessels in Alabama and Texas may partially explain why the profit per vessel in these states resulting from harvest of MEY in the fishery would be low compared to vessels in Mississippi. The number of vessels in the GMRFF necessary to harvest maximum economic yield decreases as the average fishing power per vessel increases (Figure 14). The rate of decrease in the optimum number of vessels occurs at a rate of about nine vessels for each 10 percent increase in fishing power.0 However, total fishing effort, as measured in terms of standardized vessels corresponding to MEY, increases as 1Appendix H contains a complete presentation of these results on a state by state basis.