Which of the following is an example of government intervention to solve a Tragedy of the Commons problem?
A)subsidizing basic research
B)building lighthouses
C)toll charges on congested roads
D)cost-benefit analysis

Question

Quizplus · Accepted Answer

Toll charges on congested roads can be used to solve the Tragedy of the Commons problem by way of reducing traffic congestion and incentivizing people to carpool or use public transportation. This is a common example of government intervention to address the overuse of a commonly shared resource. Subsidizing basic research and cost-benefit analysis are not specifically related to solving a Tragedy of the Commons problem, and building lighthouses may have been a solution in the past but is no longer relevant to addressing the issue.

Which of the Following Is an Example of Government Intervention