The big-push theory argues that coordination failures may arise because of

The indifference curve in the above figure

A) could illustrate a person's preferences for identical computer disks made by two different companies. B) could illustrate a person's preferences for right-handed and left-handed gloves. C) has a marginal rate of substitution that at first decreases and then increases. D) None of the above statements is correct.

To achieve the efficient amount of use of a common resource, the use should be such that ________ equals ________

A) marginal social cost; marginal private cost B) marginal social cost; marginal social benefit C) marginal social benefit; marginal private cost D) marginal private cost; marginal private benefit