One way to alleviate the tragedy of the commons is to
A)eliminate production quotas for using the common resource.
B)make the resource private property.
C)allow all individuals to use the common resource free of charge.
D)distribute common resources among those individuals who really need the resource free of charge.
E)set a price of $1 per unit of the common resource because it is an affordable price.

Question

Quizplus · Accepted Answer

Making the resource private property creates a clear owner who has an incentive to manage the resource sustainably since they will bear the costs and reap the benefits of their management decisions. This eliminates the problem of free riders who overuse the resource without bearing the costs.

One Way to Alleviate the Tragedy of the Commons Is