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The so-called tragedy of commons relates to the idea that

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The so-called tragedy of commons relates to the idea that

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.

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apadong Author

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6 years ago

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this is exactly what I needed

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