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    Exam 17: Externalities
  5. Question
    -The Above Figure Shows the Marginal Private Cost Curve, Marginal
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-The Above Figure Shows the Marginal Private Cost Curve, Marginal

Question 424

Question 424

Multiple Choice

  -The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for raising goats on a common pasture. A quota to prevent the overuse of the common pasture sets the number of goats to be raised equal to A)  0 goats. B)  40 goats. C)  50 goats. D)  55 goats.
-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for raising goats on a common pasture. A quota to prevent the overuse of the common pasture sets the number of goats to be raised equal to


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

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