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Author Question: The tragedy of commons is the A) underuse of a common resource. B) absence of incentives for ... (Read 94 times)

oliviahorn72

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on: Jun 29, 2018
The tragedy of commons is the
 
  A) underuse of a common resource.
  B) absence of incentives for people to pay for what they consume.
  C) fact that common resources are nonrival.
  D) overuse of a common resource.

Question 2

When the efficient quantity of output is being produced and sold, the deadweight loss is maximized.
 
  Indicate whether the statement is true or false


jaymee143

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


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