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    Exam 17: Externalities
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    In Which of the Following Cases Does the Tragedy of the Commons
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In Which of the Following Cases Does the Tragedy of the Commons

Question 238

Question 238

Multiple Choice

In which of the following cases does the tragedy of the commons occur? I. Cattle grazing on private ranches.
II) Catching lobsters off the coast of Florida.
III) Raising salmon on salmon farms.
IV) Using legal services provided by the courts.


A) I only
B) II only
C) II and III only
D) I and IV only

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