6. Overfishing occurs if, at the quantity caught, . A. marginal social cost equals marginal private cost

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6. Overfishing occurs if, at the quantity caught, .

A. marginal social cost equals marginal private cost plus marginal external cost B. marginal social benefit equals the fishers’marginal private cost C. marginal social benefit equals marginal social cost D. marginal social benefit equals marginal private cost plus marginal external cost

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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