The Commons Problem could be addressed by
A) charging a fee proportional to the use of the common property.
B) charging a fee unrelated to the use of the common property.
C) charging no fee.
D) prohibiting the use of the common property.
Question 2
The U.S. Federal government limits the ability for private firms to harvest timber on much government land. This, it is argued, increases the amount of fuel for wildfires which often burn out of control and cost money and manpower to control.
A) This suggests that the policy addressing one positive externality might have created another positive externality.
B) This suggests that those who harvest timber are prone to starting wildfires.
C) This suggests that the policy addressing timber harvesting created a negative externality.
D) This suggests that government policy is destined to fail.
Sample Problem from Raven’s Progressive Matrices
Common Homophones
Most Common Uropathogens
How to solve any percent concentration problem
Solve the following optimization problem
Problem