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Use the Figure Below to Answer the Following Questions

Question 38

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 16.3.2 -Figure 16.3.2 shows the marginal private cost curve,marginal social cost curve,and marginal social benefit curve for raising goats on a common pasture.The equilibrium in an unregulated market is A) 0 goats. B) 40 goats. C) 50 goats. D) 55 goats. E) 35 goats. Figure 16.3.2
-Figure 16.3.2 shows the marginal private cost curve,marginal social cost curve,and marginal social benefit curve for raising goats on a common pasture.The equilibrium in an unregulated market is


A) 0 goats.
B) 40 goats.
C) 50 goats.
D) 55 goats.
E) 35 goats.

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