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Cuba Cuba
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Posts: 2658
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9 years ago
The "tragedy of the commons" refers to a phenomenon where
A) people do not internalize an externality.
B) people have distinct property rights to a resource.
C) people overuse a common resource.
D) individuals are not allowed to use a common resource.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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9 years ago
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Cuba Author
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9 years ago
Straight to the point! Appreciate your time and your help.
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9 years ago
Awesome Happy Dummy
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