The Tragedy of the Commons Arises Because ________ Exceeds ________

Multiple Choice

The tragedy of the commons arises because ________ exceeds ________ when the resource is used.

A) marginal social benefit; marginal private benefit
B) marginal social cost; marginal private cost
C) marginal social benefit; marginal private cost
D) marginal private cost; marginal private benefit
E) marginal private cost; marginal social cost