-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 equilibrium quantity of fish caught is ________ tons.

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