One Way to Overcome the Tragedy of the Commons Is

question 2

Multiple Choice

One way to overcome the tragedy of the commons is to

• A) educate people in order to overcome the problem of rational ignorance.
• B) assign property rights so that someone owns the resource.
• C) take away property rights so that no one owns the resource.
• D) leave the market alone because the market will reach an equilibrium in which the efficient amount of the resource is used.
• E) None of the above answers is correct.

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Definitions:

Rectus Abdominis

A long muscle that extends along the front of the abdomen, playing a key role in flexing the spinal column and stabilizing the core.

Vertebral Column

The flexible and supportive spine, composed of a series of bones called vertebrae, extending from the skull to the small of the back.

Abdominal Wall

The abdominal wall is comprised of muscles and tissues that enclose the abdominal cavity, supporting and protecting the organs within.

Internal Oblique

A muscle in the abdominal wall that acts to compress the abdomen and flex the spine.