The tragedy of the commons occurs because some goods are ________ ...

[fbq8i]

The tragedy of the commons occurs because some goods are ________ in consumption.
 
  A) excludable
  B) non-excludable but rival
  C) non-rival and non-excludable
  D) non-rival

Question 2

Based on the figure above, if the factory owned the river then at the equilibrium, marginal social cost would ________ marginal benefit, and the quantity of chemical produced would be ________.
 
  A) exceed; above the efficient quantity
  B) exceed; below the efficient quantity
  C) be below; above the efficient quantity
  D) be below; below the efficient quantity
  E) equal; efficient

[chem1s3]

Answer to Question 1

B

Answer to Question 2

E

[fbq8i]

Thanks for the timely response, appreciate it

[elyse44]

Excellent