Multiple Choice
Use the figure below to answer the following questions. 
Figure 16.3.1
-Figure 16.3.1 shows the marginal private cost curve,marginal social cost curve,and marginal social benefit curve for cod,a common resource.The equilibrium quantity in an unregulated market is
A) 0 kilograms a week.
B) 4,000 kilograms a week.
C) 3,000 kilograms a week.
D) 5,000 kilograms a week.
E) 1,000 kilograms a week.
Correct Answer:
Verified
Correct Answer:
Verified
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