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.If the government sets a production quota,to have the efficient quantity of fish caught,the quote should equal ________ tons of fish.
A) 100
B) 200
C) 300
D) 400
E) 500
Correct Answer:

Verified
Correct Answer:
Verified
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