-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. A quota to prevent the overuse of the cod sets the catch equal to
A) 0 tons per week.
B) 300 tons per week.
C) 400 tons per week.
D) None of the above answers is correct.

Question

-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. A quota to prevent the overuse of the cod sets the catch equal to
A) 0 tons per week. 
B) 300 tons per week. 
C) 400 tons per week. 
D) None of the above answers is correct.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. A quota to prevent the overuse of the cod sets the catch equal to
A) 0 tons per week. 
B) 300 tons per week. 
C) 400 tons per week. 
D) None of the above answers is correct.

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