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MC = 75 fish 1. Calculate Market Equilibrium 2. Calculate Efficient Equilibrium 3. Draw a graph of the total catch and a second graph of
MC = 75 fish 1. Calculate Market Equilibrium 2. Calculate Efficient Equilibrium 3. Draw a graph of the total catch and a second graph of the MB, MSB, MC 4. What are the solutions to make the market efficient? Give a "con" for each of them.
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