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-The Above Figure Shows the Marginal Private Cost Curve,marginal Social

Question 7

Multiple Choice

  -The above figure shows the marginal private cost curve,marginal social cost curve,and marginal social benefit curve for raising goats on a common pasture.If property rights to the pasture are granted to a farmer so that the farmer owns the pasture,the farmer raises ________. A)  0 goats B)  40 goats C)  50 goats D)  55 goats E)  None of the above answers is correct.
-The above figure shows the marginal private cost curve,marginal social cost curve,and marginal social benefit curve for raising goats on a common pasture.If property rights to the pasture are granted to a farmer so that the farmer owns the pasture,the farmer raises ________.


A) 0 goats
B) 40 goats
C) 50 goats
D) 55 goats
E) None of the above answers is correct.

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