When a resource has no direct price
A)overuse of the resource and the tragedy of the commons may occur.
B)overuse of resources and underproduction will occur.
C)pollution occurs.
D)underallocation of resources may occur.

Question

Quizplus · Accepted Answer

When a resource has no direct price, individuals may not consider the cost of their use of the resource, leading to overuse and ultimately depletion of the resource. This is known as the tragedy of the commons.

When a Resource Has No Direct Price