The tragedy of commons is the A) underuse of a common resource. B) absence of incentives for ...

Author Question: The tragedy of commons is the A) underuse of a common resource. B) absence of incentives for ... (Read 49 times)

oliviahorn72

Hero Member
Posts: 579

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

Sr. Member
Posts: 341

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

FALSE

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