Which of the Following Would Economists Label as an Example

question 71

Multiple Choice

Which of the following would economists label as an example of the "tragedy of the commons?"

• A)The over grazing of private land by ranchers.
• B)The over grazing of public land by ranchers.
• C)The disregard for health warnings on home use pesticide sprays.
• D)The loss of value that a homeowner incurs when they fail to maintain their lawn.

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Definitions:

Earthworms

Earthworms are soil-dwelling invertebrates that play a crucial role in enhancing soil fertility and promoting decomposition and nutrient cycling.

Usable Energy

Energy in forms that can be directly used by humans or converted to other forms of energy for work, including mechanical, electrical, and chemical energies.

Biomass

The total mass of all living organisms in a specific area or volume; often used as a renewable energy source derived from plant and animal material.

Trophic Level

The position an organism occupies in a food chain, defined by the number of steps it is from the primary source of energy (usually the sun); it indicates the organism's role in the transfer of energy and nutrients through an ecosystem.