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Which of the following is an example of the problem with common property rights?

stars_and_moon

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Which of the following is an example of the problem with common property rights?

Which of the following is an example of the problem with common property rights?
A) Shepherds allow their sheep to overgraze and the grasses in the common pastureland disappear.
B) Anglers overfish the ocean to the point where the average fish catch per day has declined dramatically.
C) Farmers irrigating their land result in the nearby town not having enough groundwater for residents to water their lawns.
D) all of the above

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kingby

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stars_and_moon Author

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7 years ago

Incredible!

kingby

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7 years ago

I instantly knew the answer when I read the question, happy to help

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