Tuna in the Ocean Is a Common Resource Because

question 148

Multiple Choice

Tuna in the ocean is a common resource because:

• A) it is difficult to prevent people from fishing in the ocean and every time someone catches tuna there is less tuna for someone else.
• B) all tuna are identical (i.e., a homogenous good) and sold in competitive markets.
• C) there is an abundance of tuna and no one fisherman can affect the market equilibrium output.
• D) None of the answers is correct.

---

Definitions:

Age

A measure of time that an individual or object has existed from a particular starting point, commonly used demographically to categorize populations.

Gender

The socially constructed roles, behaviors, expressions, and identities associated with being male, female, or gender diverse.

Election Petition

A formal request, often filed by employees or labor organizations, seeking an election to establish or decertify a labor union as the representative of a group of workers.

Union Instrumentality

The effectiveness of a labor union in achieving desired outcomes or benefits for its members, such as higher wages or better working conditions.