Which of the Following Best Exemplifies the Global Tragedy of the Commons

question 125

Multiple Choice

Which of the following best exemplifies the global tragedy of the commons?

• A)a firm exploiting the weak employment standards in a host nation
• B)a firm dumping its chemical wastes directly into an ocean
• C)a firm exploiting the weak intellectual property rights in a developing nation
• D)a neighboring country opposing the introduction of a free trade area
• E)a country denying its citizens basic human rights

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Definitions:

Rent Expenses

Regular payments made for the use of property or equipment owned by another entity.

Square Feet

A unit of area measurement equal to a square measuring one foot on each side.

Maintenance Cost

Maintenance Cost involves expenses incurred to keep assets, equipment, or property in optimal condition and operating efficiently, including repairs and preventive care.

Administrative Costs

Overhead expenses associated with the day-to-day running of a business, involving clerical activities, and support services not linked directly to production.