Common Resources Get Overused Typically Because

question 65

Multiple Choice

Common resources get overused typically because:

• A)government subsidies encourage users to exploit it
• B)there isn't enough fish for all the fishing trawlers
• C)users ignore the externality they impose on others
• D)common resources are excludable and rival

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Definitions:

Operations

Procedures carried out in the execution of a task, workflow, or within a functional area of a business or study.

Intuitive Thought

A cognitive process that occurs without analytical reasoning, often based on experiences and immediate perceptions.

Innate

The inherent characteristics or abilities present from birth, not acquired or learned through experience.

Acquired

Gained or developed through experience, training, or exposure rather than innate.