Quiz: Quiz 11 cture.com/courses/64153/quizzes/309086/take Iansnal Social Marginal Cost Barrels of Oil (in 1,000s/year) 1. Assume that the fishery being there first. using the Coase theorem, what would happen? [1 point] 2. What's the minimum amount (measured in $) the refinery need to compensate the fishery to be able to refine an efficient amount of oil barrels? [2 points] 3. What's the maximum amount (measured in $) that the refinery can compensate the fishery? [2 points] [Each of your answer must be precise] Edit View Inser Format P