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A Retired Athlete Built a Gym near Her House That

Question 164

Multiple Choice

A retired athlete built a gym near her house that could be used for free by all the residents in the neighborhood.However,the overuse of the facilities soon led to irreparable damages.This is an example of the ________.


A) tragedy of the commons
B) pecuniary externality
C) paradox of thrift
D) prisoners' dilemma

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