Multiple Choice
What causes the Tragedy of the Commons?
A) Social and private incentives are the same.
B) Social and private incentives differ, and common resources are not rival in consumption and are not excludable.
C) Common resources are not rival in consumption and are not excludable.
D) Social and private incentives differ, and common resources are not excludable but are rival in consumption.
Correct Answer:
Verified
Correct Answer:
Verified
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