What Causes the Tragedy of the Commons? (I)

question 92

Multiple Choice

What causes the Tragedy of the Commons? (i)
Social and private incentives differ.
(ii)
Common resources are not rival in consumption and are not excludable.(iii)
Common resources are not excludable but are rival in consumption.

• A)(i) only
• B)(ii) only
• C)(i) and (ii) only
• D)(i) and (iii) only

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Definitions:

Parathyroid Hormone

A hormone produced by the parathyroid glands that regulates calcium levels in the blood and bone metabolism.

Calcium

A chemical element and essential nutrient in the human body, crucial for bone and tooth formation, blood clotting, and muscle function.

Mineralocorticoids

A class of corticosteroids, which are hormones produced by the adrenal gland that regulate salt and water balance in the body.

Corticotropin-Releasing Hormone

A peptide hormone involved in the stress response, stimulating the release of ACTH from the pituitary gland.