To Solve the Common Pool Problem in Fishing, Governments Can

Multiple Choice

To solve the common pool problem in fishing, governments can __________, or __________.

A) impose a depletion tax; prohibit resource use entirely
B) impose a depletion tax; restrict output
C) introduce an offsetting positive externality; prohibit resource use entirely
D) use a variable technology; impose a depletion tax
E) restrict output; prohibit resource use entirely