-The Table Above Shows the Marginal Social Benefit of Fishing

question 49

Multiple Choice

-The table above shows the marginal social benefit of fishing in Mediterranean Sea.The marginal private cost of operating a fishing boat is the same for all producers ,$300 per hour.The marginal social cost is twice the marginal private cost.With no government intervention,the market is

• A) catching the efficient quantity of of fish.
• B) underproducing by 100 tons of fish.
• C) underproducing by 300 tons of fish.
• D) overproducing by 300 tons of fish.
• E) overproducing by 200 tons of fish.

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Definitions:

Loneliness

A feeling of sadness or distress caused by a lack of connection, interaction, or companionship with others.

Phase of Mourning

A period during which an individual experiences feelings of grief and sadness following the loss of a loved one.

Shock

A medical emergency characterized by the body's inability to circulate enough blood to the tissues, leading to organ failure.

Autonomy

The ability to make and carry out decisions independently.