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Question 98

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Figure 15.14 Figure 15.14 Figure 15.14 shows the market for Atlantic tuna, a common resource.The current market equilibrium output of Q<sub>1</sub> is not the economically efficient output.The economically efficient output is Q<sub>2</sub>. -Refer to Figure 15.14.Identify the area that shows the deadweight loss from overfishing. A) egh B) ekh C) efh D) eghk Figure 15.14 shows the market for Atlantic tuna, a common resource.The current market equilibrium output of Q1 is not the economically efficient output.The economically efficient output is Q2.
-Refer to Figure 15.14.Identify the area that shows the deadweight loss from overfishing.


A) egh
B) ekh
C) efh
D) eghk

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