The Tragedy of the Commons Is a Parable That Illustrates

question 15

Multiple Choice

The Tragedy of the Commons is a parable that illustrates why

• A) common resources are over consumed.
• B) public goods are under produced.
• C) private goods are under consumed.
• D) natural monopolies overproduce goods.

---

Definitions:

Repetition

The act of doing or saying something multiple times for the purpose of learning, memorization, or emphasis.

Perceptual Selection

The process by which people filter and focus on specific stimuli from their environment while ignoring others.

External Factors

Elements outside an organization or system that can influence its performance or outcomes, such as economic conditions, competition, or legal requirements.

Internal Factors

Elements within an organization or individual that can influence outcomes, such as employee morale, technology, and operational capabilities.