Your Roommate Claims We Can Understand the Near-Extinction of the American

Multiple Choice

Your roommate claims we can understand the near-extinction of the American bison during the latter half of the nineteenth century in America as an economic phenomenon.Since bison herds were ________ "owned," they were a ________,and buffalo hunters generated a ________ externality when hunting them,as the hunters failed to consider how overharvesting could reduce herd numbers in the future.

A) publicly; common resource pool good; negative
B) publicly; club good; negative
C) privately; common resource pool good; positive
D) privately; club good; negative