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.
Correct Answer:

Verified
Correct Answer:
Verified
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