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Author Question: How might a government intervene in a market to prevent the overuse of a common-property resource, ... (Read 74 times)

jordangardner

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on: Oct 12, 2022
How might a government intervene in a market to prevent the overuse of a common-property resource, such as an ocean fishery?
◦ subsidies to the firms catching the fish
◦ a system of licences and quotas for fishers
◦ encouraging the use of larger, more efficient trawlers to reduce the marginal private cost to fishers
◦ subsidies to the consumers of fish
◦ reducing the marginal social cost such that marginal social cost equals marginal social benefit, thereby establishing allocative efficiency
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jordangardner on Oct 12, 2022

senorfranco

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jordangardner

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

frankwu0507

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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