Multiple Choice
-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for blue fin tuna, a common resource. A quota to prevent the over-fishing of the tuna sets the catch equal to
A) 300 tonnes per week.
B) 200 tonnes per week.
C) 500 tonnes per week.
D) zero tonnes per week.
E) 400 tonnes per week.
Correct Answer:

Verified
Correct Answer:
Verified
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