menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 11: Public Goods and Common Resources
  5. Question
    If the Use of a Common Resource Is Not Regulated,what
Solved

If the Use of a Common Resource Is Not Regulated,what

Question 26

Question 26

Multiple Choice

If the use of a common resource is not regulated,what happens


A) It cannot be used by anyone.
B) The economy will end up with too much of a good thing.
C) It becomes a private good.
D) It will be overused.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: Why does the Tragedy of the Commons

Q22: Can the market system lead to an

Q23: When does the Tragedy of the Commons

Q24: How are private goods classified<br>A)as both excludable

Q25: As with many public goods,determining the appropriate

Q27: Suppose that Martin owns a lighthouse and

Q28: What happens when goods are available in

Q29: What are most goods in the economy<br>A)club

Q31: Why is cost-benefit analysis important in determining

Q50: One possible solution to the problem of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines