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    Principles of Microeconomics Study Set 10
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    Exam 11: Public Goods and Common Resources
  5. Question
    The Tragedy of the Commons
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The Tragedy of the Commons

Question 156

Question 156

Multiple Choice

The Tragedy of the Commons


A) occurs most often with public goods.
B) is only applicable to shared grazing rights among sheep herders.
C) is eliminated when property rights are assigned to individuals.
D) occurs when social incentives are in line with private incentives.

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