Multiple Choice
Seymour owns 3 acres of beautiful waterfront property on a large inland lake. In his will, Seymour donates the land to the state with the understanding that the land will be used as a state beach that anyone may use without paying any fees. This state beach
A) will tend to be overused because it is nonexcludable.
B) is a common resource when it becomes crowded on sunny summer weekends.
C) is rival in consumption when it becomes crowded on sunny summer weekends.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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