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    Exam 17: Externalities
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    -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 290

Question 290

Multiple Choice

  -The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. The market equilibrium with no government intervention is A)  0 tons per week. B)  400 tons per week. C)  300 tons per week. D)  None of the above answers is correct.
-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. The market equilibrium with no government intervention is


A) 0 tons per week.
B) 400 tons per week.
C) 300 tons per week.
D) None of the above answers is correct.

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