Use the Following to Answer Question 121

question 126

Multiple Choice

Use the following to answer question 121:
Figure: Model of a Market for a Common Resource
-(Figure: Model of a Market for a Common Resource) Use Figure: Model of a Market for a Common Resource.The figure shows the intersection of the private supply and demand curves.Without any consideration of the marginal social cost of using a common resource,the quantity of the common resource used at Q will be:

• A) larger than is socially desirable.
• B) smaller than is socially desirable.
• C) efficient.
• D) indeterminate without more information.

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Fundamental strengths or unique advantages that an organization possesses, distinguishing it from competitors and driving sustainable competitive advantage.