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-The Table Above Shows the Marginal Social Benefit of Fishing

Question 76

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.The efficient quantity of fish caught is ________ tons. A)  100 B)  200 C)  300 D)  400 E)  500
-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.The efficient quantity of fish caught is ________ tons.


A) 100
B) 200
C) 300
D) 400
E) 500

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