Author Question: The tragedy of commons is the A) underuse of a common resource. B) absence of incentives for ... (Read 103 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
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
Answer to Question 1

D

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library