-The Above Figure Shows the Marginal Private Cost Curve, Marginal

question 43

Multiple Choice

-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for blue fin tuna, a common resource. The market equilibrium with no government intervention is

• A) zero tonnes per week.
• B) 500 tonnes per week.
• C) 400 tonnes per week.
• D) 200 tonnes per week.
• E) None of the above answers is correct.