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Figure: Model of a Market for a Common Resource Use the following to answer question: Figure: Model of a Market for a Common Resource   -(Figure: Model of a Market for a Common Resource)  The figure Model of a Market for a Common Resource shows the intersection of the private supply and demand curves. Without any consideration of the marginal social cost of using a common resource, the quantity of the common resource used at Q will be: A)  larger than is socially desirable. B)  smaller than is socially desirable. C)  efficient. D)  indeterminate without more information.
-(Figure: Model of a Market for a Common Resource) The figure Model of a Market for a Common Resource shows the intersection of the private supply and demand curves. Without any consideration of the marginal social cost of using a common resource, the quantity of the common resource used at Q will be:


A) larger than is socially desirable.
B) smaller than is socially desirable.
C) efficient.
D) indeterminate without more information.

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