In the Case of an Open Access Resource, A(n) ________

question 22

Multiple Choice

In the case of an open access resource, a(n) ________ takes place due to a lack of ________.

• A)externality; regulation
• B)free rider problem; property rights
• C)market failure; property rights
• D)external benefit; rivalry in consumption

---

Definitions:

Sir Francis Galton

A British polymath best known for his work in the fields of statistics, psychology, and eugenics, and for being a pioneer in the study of human intelligence and variation.

Alfred Binet

A French psychologist best known for his role in developing the first intelligence tests along with his colleague Théodore Simon.

Heredity

The passing of genetic traits from parents to offspring, determining certain characteristics of the individual.

Intelligence

The ability to learn from experience, adapt to new situations, understand and handle abstract concepts, and use knowledge to manipulate one's environment.