Solved

Because There Is No Incentive to Protect Public Areas, Each

Question 44

Multiple Choice

Because there is no incentive to protect public areas, each user (such as a business) tends to act in their own self-interest. What is this called?

A) Marginal public cost
B) Tragedy of the commons
C) Market failure
D) Negative externalities

Related Questions

Q39: The main difference between nominal and real

Q40: Comparative advantage is the ability to produce

Q41: Mike is selling his coffee under perfect

Q42: Which of the following terms is used

Q43: What is the first determinant of supply?<br>A)Technology<br>B)Expectations

Q45: If the marginal cost is greater than

Q46: What is the main difference between the

Q47: To illustrate an economic model such as

Q48: Which of the following might be a

Q49: If the demand for a particular good