A tragedy of the commons results when: a. individuals are irrational b. the costs of using a

Question:

A tragedy of the commons results when:

a. individuals are irrational

b. the costs of using a resource are not charged to the user

c. transactions costs are high

d. property rights are well specified and assigned

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Agricultural Economics

ISBN: 9780415540704

1st Edition

Authors: Andrew Barkley, Paul W. Barkley

See More Books

Question Posted: Apr 17, 2024 08:00 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
SA-TIED YOUNG SCHOLARS PROGRAMME Young Scholars This paper was produced as a part of the SA-TIED Young Scholars' programme. The programme is a part of SATIED's capacity building initiatives, designed...
The preparation of an organization's budget: a. forces management to look ahead and try to see the future of the organization. b. requires that the entire management team work together to make and...
When a taxpayer takes a nonqualified distribution from a Roth IRA, is the entire amount of the distribution treated as taxable income?
A mechanism for pushing small boxes from an assembly line onto a conveyor belt, repeated from Prob. 5/89, is shown with arm OD and crank CB in their vertical positions. For the configuration shown,...
What are the advantages of systematic sampling over simple random sampling?
Nosemer Company produces engine parts for large motors. The company uses a standard cost system for production costing and control. The standard cost sheet for one of its higher volume products (a...
What strategies can be employed to enhance visibility and traceability across global supply chains, ensuring compliance with stringent regulatory frameworks and mitigating risks associated with...
A Pigouvian tax resolves an externality if it is set equal to: a. the cost of enforcing a quantitative restriction b. marginal private costs of the activity c. marginal social costs of the activity...
As societal incomes grow, we expect that the largest increase in spending will be on: a. food b. housing c. health and environment d. clothing
A transmission line is terminated by a load with admittance YL = (0.6 4 + j0.8)/Zo. Find the normalized input impedance at /6 from the load.
How do leaders navigate the complexities of team dynamics, including conflicts, power struggles, and role ambiguity, while promoting constructive dialogue, conflict resolution, and mutual...
Capital budgeting typically requires some type of sensitivity analysis. In the case of international capital budgeting from the project perspective, analysts consider political risk, foreign exchange...
When your child is born, you set a goal of building a $100,000 college fund in 18 ye.ars by making regular, end-of-month deposits. Assuming an APR of 3%, calculate how much you should deposit...
create a conversation in English about a company discussing the company profile and business details: products or services, price, location, type of promotion, competitors, etc.
Identify a no-load stock mutual fund that outperformed the S&P 500 Index last year. Then, describe the fund, to include its five-year track record and management fee. Would you invest in this fund?...
Consider a wooden cylinder (SG =0.6) 1 m in diameter and 0.8 m long. Would this cylinder be stable if placed to float with its axis vertical in oil (SG = 0.85)? S=0.6 M L=0.8 m 0.4 B S = 0.85
a. Why does the Wi-Fi Alliance release compatibility testing profiles in waves instead of combining the entire standards features initially? 27a1.) An 802.11ac Wi-Fi compatibility testing profile...
The share prices of Microsoft Corp., Alphabet Inc., and Apple Inc for November 30, 2020 are listed here under "Prev. Price" and for December 31, 2020 under "Price". The shares outstanding on November...
What are the molecular mechanisms underlying circadian rhythms, and how do they synchronize with environmental cues to regulate physiological processes such as sleep-wake cycles and metabolism ?
On December 31, 2023, Berclair Incorporated had 500 million shares of common stock and 22 million shares of 9%, $100 par value cumulative preferred stock Issued and outstanding. On March 1, 2024,...

A tragedy of the commons results when: a. individuals are irrational b. the costs of using a

Question:

Step by Step Answer:

The correct answer is b the costs of using a resource are not charged to the user A tragedy of the c...View the full answer

Principles Of Agricultural Economics

Students also viewed these Business questions