Hi Karen,
Let's see what we know: you're catching the same number of sharks now as you did back in 1973, and conclude that the shark population must have remained fairly constant. This is not a good argument. What if, as answer choice (E) suggests, you are a lot better at finding the sharks now than you were back in 1973? You're still catching the same number of sharks, but it's entirely possible that there are a lot fewer sharks out there to catch! You're just better at finding them.
At its core, this is a causal argument: the author believes that the reason why your CPUE has remained constant is because the shark population has remained constant. After all, CPUE is a marker of how many fish you have in that area:
constant shark population (cause)
constant CPUE (effect)
If answer choice (E) is true, you're looking at a different cause. There could be a lot fewer sharks out there, but if you're a lot better at finding them then maybe that's why you're just as successful as you were in 1973
Answer choice (C) says sharks might be getting caught in nets meant for other fish. This would only be relevant if you want to explain why the shark population is dwindling. You don't know if it is. You also don't know if this behavior is anything new: what if sharks have always had the habit of getting caught in nets meant for other fish?
Hope this helps!