Microeconomic MCQ 1: 12. The tragedy of the commons refers to the
A) overuse of resources that have no price.
B) plight of the common man.
C) under production of external benefits.
D) pollution of our natural resources.
E) overuse of resources that have no cost.

Question

12. The tragedy of the commons refers to the
A) overuse of resources that have no price.
B) plight of the common man.
C) under production of external benefits.
D) pollution of our natural resources.
E) overuse of resources that have no cost.

Gonza R · Accepted Answer

A) overuse of resources that have no price.

Microeconomic MCQ 1

12. The tragedy of the commons refers to the A) overuse of resources that have no price. B) plight of the common man. C) under production of external benefits. D) pollution of our natural resources. E) overuse of resources that have no cost.

A) overuse of resources that have no price.

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