If the market supply and demand curves for a common resource include all costs and benefits to society from production and consumption,the common resource will:

A) be underused.
B) be overused.
C) be used at the socially optimal level.
D) impose an external cost on society.

Common Resource

A resource like air or water that is not owned by anyone, but can be used freely by the public, often leading to overuse and depletion.

Socially Optimal

A condition or point at which the benefit to society is maximized, often considered in economic contexts to represent the most efficient allocation of resources.