-The Above Figure Shows the Marginal Private Cost Curve, Marginal

Multiple Choice

-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. A quota to prevent the overuse of the cod sets the catch equal to

A) 0 tons per week.
B) 300 tons per week.
C) 400 tons per week.
D) None of the above answers is correct.