If an Individual Does Not Have to Pay to Use

question 103

Multiple Choice

If an individual does not have to pay to use a common resource,that individual will continue to use a common resource until his or her:

• A)marginal benefit is zero.
• B)marginal cost is zero.
• C)marginal benefit exceeds marginal cost.
• D)marginal benefit equals the marginal social cost.

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Definitions:

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions, often through art, drama, or other expressive activities.

Quality of Life

The general well-being of individuals and societies, encompassing not only wealth and employment but also the built environment, physical and mental health, education, recreation and leisure time, and social belonging.

Guns

Firearms that are designed to discharge projectiles (bullets, shot, or slugs) for a variety of purposes including defense, hunting, and sport shooting.

Aggression

Behavior intended to harm or intimidate others, which can be physical, verbal, or non-verbal in nature.