One possible solution to the problem of protecting a common resource is to convert that resource to a private good.

Name: One possible solution to the problem of protecting a common resource is to convert that resource to a private good.
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Quizplus · Accepted Answer

Converting a common resource into a private good can help protect it by assigning ownership, which typically incentivizes the owner to manage and conserve the resource responsibly to avoid depletion or degradation.

One Possible Solution to the Problem of Protecting a Common