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Other Fields Homework Help Economics Topic started by: apadong on Jun 28, 2017



Title: The so-called tragedy of commons relates to the idea that
Post by: apadong on Jun 28, 2017
The so-called tragedy of commons relates to the idea that
A) collectively owned resources tend to be under used.
B) central planning sets all production and distribution targets.
C) no one has an incentive to maintain collectively owned property.
D) collective ownership provides the proper private incentives for efficiency because individuals bear the full costs of their own decisions and enjoy the full benefits.


Title: Re: The so-called tragedy of commons relates to the idea that
Post by: DeToXiFY on Jun 28, 2017
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