Overuse of a Common Resource May Be Avoided by All

question 144

Multiple Choice

Overuse of a common resource may be avoided by all of the following methods except

• A) charging for the use of a common resource.
• B) issuing tradable permits for the use of a common resource.
• C) government taking over ownership of all private common resources.
• D) setting quotas or legal limits on the quantity consumed of the common resource.

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Definitions:

Group Shopping

A purchasing approach where a group of individuals come together, often through online platforms, to buy products in bulk or to avail discounts offered for group purchases.

LivingSocial

An online marketplace that allows users to buy and share things to do in their city, offering discounted gift certificates usable at local or national companies.

Website

A set of related web pages located under a single domain name, typically produced by a single individual or organization.

Customer Ratings

Evaluative feedback given by customers regarding their satisfaction or dissatisfaction with a product or service.