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Use the Figure Below to Answer the Following Questions

Question 9

Multiple Choice

Use the figure below to answer the following questions. 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.A quota that results in the common resource being used efficiently is set at 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. 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.A quota that results in the common resource being used efficiently is set at


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.

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