Which of These Is/are TRUE

question 9

Multiple Choice

Which of these is/are TRUE?
I. The tragedy of the commons is MOST associated with pure private goods.
II. Highway congestion is an example of the tragedy of the commons because a new driver fails to consider the external costs of his using the road.
III. The tragedy of the commons is NOT an example of market failure.

• A) I only
• B) II only
• C) I and II only
• D) II and III only

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Definitions:

Alagoas

A state in the northeastern region of Brazil, known for its beautiful beaches, colonial architecture, and sugar cane agriculture.

Slave Resistance

The acts of defiance and opposition by enslaved people against their conditions and enslavers, including work slowdowns, escape, and rebellions.

British Slave Societies

Societies in British colonies where the economy and social structures were heavily dependent on slavery, especially notable in the Caribbean during the 17th to 19th centuries.

Protestant North America

Regions in North America where Protestant Christianity is a dominant religious influence, reflecting in the culture and society.