-For a Common Resource, the Equilibrium with No Government Intervention

Multiple Choice

-For a common resource, the equilibrium with no government intervention is such that ________ equals ________.

A) marginal social cost; marginal social benefit
B) marginal social benefit; marginal external cost
C) marginal private benefit; marginal social cost
D) marginal social benefit; marginal private cost
E) marginal external benefit; marginal external cost