What Is the Core Argument in the Concept "Tragedy of the Commons

question 176

Multiple Choice

What is the core argument in the concept "tragedy of the commons"?

• A) Monetary systems are often manipulated by elites.
• B) Governments will intervene when it is in their direct interest to do so.
• C) Resources that are shared among several groups are ruined by individual actions.
• D) Overpopulation is the result of lack of family planning methods.
• E) Famine is likely to result after an isolated area experiences crop failure.

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Definitions:

Accounting Profits

The net income of a company as calculated by subtracting total expenses from total revenues, in accordance with accounting principles.

Negative

A term used to describe values or balances that are less than zero, often used in financial contexts.

Accounting Profit

The difference between total revenue and total expenses when both are measured in accordance with generally accepted accounting principles.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.