Multiple Choice
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.If property rights to the pasture are granted to a farmer so that the farmer owns the pasture,the farmer raises
A) 0 goats.
B) 35 goats.
C) 50 goats.
D) 55 goats.
E) 40 goats.
Correct Answer:
Verified
Correct Answer:
Verified
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