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Author Question: The tragedy of the commons refers to the situation in which a. too many people live in a shared ... (Read 144 times)

lak

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on: Sep 3, 2018
The tragedy of the commons refers to the situation in which
 
  a. too many people live in a shared region.
  b. each individual acts according to his or her individual interest, resulting in a collective disaster.
  c. people try to work together to solve problems, but don't always succeed.
  d. developing countries allow exploitation of natural resources by transnational corporations.

Question 2

External costs that force costs (in terms, for example, of polluted air or water) onto others are also known as
 
  a. non-excludable issues.
  b. collective action problems.
  c. negative externalities.
  d. non-rival goods


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lcapri7

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Reply #1 on: Sep 3, 2018
Answer to Question 1

b

Answer to Question 2

c


lak

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Reply #2 on: Sep 3, 2018
TY


lcapri7

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Reply #3 on: Sep 3, 2018
You're welcome


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