Common Resources Tend to Be Overused Because

question 141

Multiple Choice

Common resources tend to be overused because:

• A)individuals tend to ignore the cost their use of the resource has on others.
• B)the individual marginal cost is greater than the marginal social cost.
• C)common resources are nonrival and nonexcludable.
• D)the marginal cost of allowing one more unit of consumption is zero.

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Definitions:

AutoFit

A feature in spreadsheet and word processing applications that automatically adjusts the width or height of cells, columns, or rows to fit the content.

Quick Part

A feature in Microsoft Office products that allows users to insert reusable pieces of content like text, graphics, or formatting into documents.

Document Info

Metadata or details related to a document, including its author, creation date, modification history, and summary of contents.

Insert a Formula

A command in spreadsheet software that allows users to enter a mathematical equation to calculate data values.