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mylab.pearson.com + Course Home Homework ECN 104 - F2025 - Section 011 Noorman Hothi 11/05/25 9:34 PM Homework: Homework 4 Question Completed: 34 of 60 Part 2 of 2 My score: 29.53/60 pts (49.22%) Save K Minimize list Which of the following statements explains the concept of the tragedy of the commons? (Check all that apply.) Y A. The open access to common resources results in their depletion through overuse. LO Question | 0.5/1 pt LY B. It results when the free market equilibrium quantity is higher than the optimal equilibrium quantity. Text Problem 8 C. It occurs due to excludability and non-rivalry. 29 Question | 1/1 pt D. It is an example of a positive externality. Which of the following economic tools can be used to solve the tragedy of the commons? (Check all that apply.) Text Problem 11 30 Question | 1/1 pt A. Incentives to self-regulate the use of resources. B. Privatization of the resource. Concept Question 9.4.2 C. Pigouvian subsidy. 31 Question | 0/1 pt X D. Pigouvian tax. Concept Question 9.4.4 32 Question | 0/1 pt O Review Question 13 33 Question | 1/1 pt Concept Question 9.5.1 3 Question | 1/1 pt O Concept Question 9.5.2 35 Question | 1/1 pt Etext pages Grapher Clear all Check