Montana Cattle Ranchers Are Complaining About Mountain State Sheep Ranchers

Multiple Choice

Montana cattle ranchers are complaining about mountain state sheep ranchers whose animals are eating too much grass on the open range.The sheep ranchers claim that the cattle are eating too much of the grass.This is an example of

A) an external benefit.
B) the reciprocal nature of externalities.
C) the principal agent problem.
D) a situation in which strict liability would be the more efficient solution.