Which of the following is not a typical solution to the "Tragedy of the Commons?"
A) taxing the use of the common resource
B) turning the common resource into a natural monopoly
C) turning the common resource into a private good
D) regulating the use of the common resource

Question

Quizplus · Accepted Answer

Turning the common resource into a natural monopoly is not a typical solution to the tragedy of the commons. This strategy involves giving exclusive control of the resource to a single entity, which may not necessarily lead to sustainable management of the resource. The other options (taxing the use of the common resource, turning it into a private good, and regulating its use) are all common strategies used to address the tragedy of the commons.

Which of the Following Is Not a Typical Solution to the "Tragedy