Question: aPlease find the answer and explain why it's right. Thanks! 48. To implement the socially optimal outcome, what should be the contribution of Alice? (a)

aPlease find the answer and explain why it's right. Thanks!

aPlease find the answer and explain why it's right. Thanks! 48. To

48. To implement the socially optimal outcome, what should be the contribution of Alice? (a) o (b) 2 4 (d) 6 49. To two fishermen, a codfish swimming in the middle of the ocean is a good that is a rival and excludable. (b) rival and non-excludable. (c) non-rival and excludable. (d) non-rival and non-excludable

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