Common Resources Are Overused Because

question 16

Multiple Choice

Common resources are overused because

• A)the marginal private benefit of operating a boat is the quantity of fish a boat can catch.
• B)the social benefits outweigh the private benefits.
• C)the marginal private benefit will always exceed the marginal social cost.
• D)external costs are not considered.
• E)social costs are controlled by production quotas.

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Definitions:

Cerebellum

A region of the brain that plays a vital role in motor control, and may also be involved in some cognitive functions like attention and language.

Pons

A portion of the brainstem that plays a key role in controlling breathing, communication between different parts of the brain, and sensations such as hearing, taste, and balance.

Medulla

A part of the brainstem involved in autonomic functions, such as heartbeat and breathing.

Respirator

A device designed to protect the wearer from inhaling harmful substances, such as dust, smoke, or fumes, or to ensure a safe breathing environment in areas with contaminated air.