The Tragedy of the Commons

question 56

Multiple Choice

The tragedy of the commons

• A) gives rise to a negative externality.
• B) gives rise to a positive externality.
• C) occurs when club goods are produced.
• D) occurs when public goods are provided.
• E) leads to underutilized resources.

---

Definitions:

Veins

Blood vessels that carry blood towards the heart, typically transporting deoxygenated blood from the tissues back to the heart, except in the case of the pulmonary veins.

Aorta

The largest artery in the body, originating from the left ventricle of the heart and extending down to the abdomen, where it branches into smaller arteries.

Pulse Pressure

is the difference between systolic and diastolic blood pressure readings, reflecting the health and elasticity of the arteries.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, vital for maintaining the body's circulatory function.