For a common resource, the equilibrium with no government intervention is such that ________ is less than ________.
A) marginal private cost; marginal social benefit
B) marginal social benefit; marginal social cost
C) marginal private benefit; marginal social benefit
D) total social benefit; total social cost

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The Answer of For a common resource, the equilibrium with no government intervention is such that ________ is less than ________.
A) marginal private cost; marginal social benefit
B) marginal social benefit; marginal social cost
C) marginal private benefit; marginal social benefit
D) total social benefit; total social cost

For a Common Resource, the Equilibrium with No Government Intervention