Multiple Choice
Which of the following is a "design principle" that makes informal, community-based solutions to common-resource problems more effective?
A) Clear, government-enforced rules for use
B) Individual pledges to self-monitor their actions
C) Clear distinctions between who is and is not allowed to access the resource
D) All of these are principles that improve the effectiveness of community-based solutions.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: When the optimal quantity of consumption is
Q13: Public goods, when left to the private
Q14: Private goods are:<br>A)excludable, but not rival in
Q15: Which of the following is a modern
Q16: Markets work well for allocating _ efficiently,
Q18: In a market where the tragedy of
Q19: The combination of inefficiently high demand and
Q20: In a functioning market, people will buy
Q21: Traffic lights would be considered:<br>A)a common resource.<br>B)a
Q22: Social disapproval carries a higher cost when