What Causes the Tragedy of the Commons? I) Social and Private

question 209

Multiple Choice

What causes the Tragedy of the Commons? i) Social and private incentives differ.
Ii) Common resources are not rival in consumption and are not excludable.
Iii) Common resources are not excludable but are rival in consumption.

• A) i) only
• B) ii) only
• C) i) and ii) only
• D) i) and iii) only

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Definitions:

Chocolate Bar

A confectionery product consisting primarily of chocolate, which may also contain other ingredients like nuts, fruits, or caramel.

Drive

An internal state that motivates individuals towards certain actions or behaviors to satisfy needs or achieve goals.

Need

A requirement essential for an organism's survival or well-being, as well as a strong desire for something.

Want

A desire for something that is not necessarily needed but is desired for personal satisfaction or fulfillment.