Common Resources Tend to Be Overused Because

question 175

Multiple Choice

Common resources tend to be overused because:

• A)individuals tend to ignore the cost to others of their use of the resource.
• B)the individual marginal cost is greater than the marginal social cost.
• C)common resources are nonrival and nonexcludable.
• D)the marginal cost of allowing one more unit of consumption is zero.

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Definitions:

Verb Tenses

Refers to the form of a verb that indicates the time at which an action or event takes place.

Long Paragraphs

Extended blocks of text consisting of multiple sentences that develop a single idea or topic, often used for detailed explanations or descriptions.

Repetition

The act of repeating something that has already been said or written.

Correct Sentence

A sentence that is grammatically accurate, properly punctuated, and conveys a clear meaning.