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DC] DC] 1. (8 points) Select the correct statements Select one or more: a. When people are able to play their best responses without Government interference, common pool resources are managed in a Pareto-efficient way. According to the Cournot model, an increase in the market power of firms in ar industry causes a decrease in the total quantity of goods produced. c. Market-based solutions to the so-called 'tragedy of the commons' are Pareto- superior to the other feasible solutions. d. Job contracts are typically incomplete, because work effort is not measurable. e. All communitybased solutions to the tragedy of the commons produce egalitarian outcomes. f. If effort was perfectly measurable and the labor contract was therefore complete, both employers and employees would be better off. g. Common pool resources are rival but non-excludable. h. Everything else being equal, the price is higher under monopoly than under oligopoly