The Tragedy of the Commons results when a good is
A)rival in consumption and not excludable.
B)excludable and not rival in consumption.
C)both rival in consumption and excludable.
D)neither rival in consumption nor excludable.

Question

Quizplus · Accepted Answer

The Tragedy of the Commons occurs with goods that are rival in consumption (one person's use diminishes another's ability to use it) and not excludable (no one can be effectively prevented from using it), leading to overuse and depletion of the resource.

The Tragedy of the Commons Results When a Good Is