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6. For a common resource such as fish, the marginal private benefit of an additional boat is the ____ and the marginal social benefit is
6. For a common resource such as fish, the marginal private benefit of an additional boat is the
____ and the marginal social benefit is the ____.
a.
catch per boat; quantity of fish that one boat can catch
b.
quantity of fish that one boat can catch; change in the total catch from an additional boat
c.
change in the total catch from an additional boat; catch per boat
d.
change in the total catch from an additional boat; change in the total catch from an
additional boat
e.
None of the above
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