-The Table Above Shows the Marginal Social Benefit of Fishing

Multiple Choice

-The table above shows the marginal social benefit of fishing in Mediterranean Sea.The marginal private cost of operating a fishing boat is the same for all producers ,$300 per hour.The marginal social cost is twice the marginal private cost.With no government intervention,the market is

A) catching the efficient quantity of of fish.
B) underproducing by 100 tons of fish.
C) underproducing by 300 tons of fish.
D) overproducing by 300 tons of fish.
E) overproducing by 200 tons of fish.