Multiple Choice
With the debris of more than 50 years of climbing on the beautiful high slopes - oxygen canisters, tents, backpacks and even some bodies - Mount Everest has been called the world's highest garbage dump. It has been suggested that there should be a limited number of climbers allowed on the mountain each year to limit the environmental degradation that occurs. This method of achieving efficient use of a common resource is most like
A) a property right.
B) an individual transferable quota.
C) a production quota.
D) a marginal social benefit right.
Correct Answer:

Verified
Correct Answer:
Verified
Q292: Which of the following is an example
Q293: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q294: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q295: Let MC be the marginal private cost
Q296: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q298: "Education in elementary and high schools has
Q299: The Coase theorem says that which of
Q300: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q301: Individuals making decisions about how much to
Q302: What is an individual transferable quota (ITQ)?