In many areas, local governments have placed limits on how many fish an individual can catch in a single day. This regulation is likely in place because without it: the free rider problem would exist. fish are a nonexcludable good. fish are a rival good.
A)II only
B)I and II only
C)II and III only
D)I, II, and III

Question

Quizplus · Accepted Answer

Fish are a nonexcludable good because it's difficult to prevent people from fishing in common water bodies, and they are a rival good because one person's catch decreases the quantity available for others. The free rider problem is not directly related to fishing limits.

In Many Areas, Local Governments Have Placed Limits on How