To Solve the Common-Pool Problem in Fishing, Governments Can _____

Multiple Choice

To solve the common-pool problem in fishing, governments can _____ or _____.​

A) provide a subsidy; restrict production to the socially optimal level
B) impose a tax; restrict output​
C) impose property rights ; prohibit resource use entirely​
D) impose a depletion tax; make property rights flexible​
E) provide a subsidy; shutdown all firms in this industry​