Overfishing Along the Coastline of Helsking Village Led the Government

question 20

Multiple Choice

Overfishing along the coastline of Helsking village led the government to impose a fee on the boats used for fishing. The fishermen were charged $50 on each boat they sent out for fishing. The following table shows the total pounds of fish caught per hour and the number of boats used for fishing.Table 13.2

-If the government is successful in internalizing the external costs of production in a market, then:

• A)social costs will equal private costs.
• B)an inefficient level of output will be produced.
• C)social costs will exceed private costs.
• D)social costs will be less than private costs.
• E)social costs will fall to zero.

---

Definitions:

Publication Venues

Channels or mediums through which content, research, or literature is published and made available to the public.

Social Media Workflow

The process or strategy for planning, creating, distributing, and managing content across social media platforms.

Communicate

The process of sharing information, ideas, or feelings through speech, writing, or other forms of expression.