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.A quota to prevent the overuse of the common pasture sets the number of goats to be raised equal to ________.
A) 0 goats
B) 40 goats
C) 50 goats
D) 55 goats
E) None of the above answers is correct.
Correct Answer:
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