Which of the following is an example of a common resource good?
A) fish in the ocean
B) concert
C) sandwich
D) national defense

Question

Quizplus · Accepted Answer

Common resource goods are those that are non-excludable but rivalrous, meaning they are available for everyone to use, but one person's use diminishes the availability for others. Fish in the ocean fit this description, as they are accessible to everyone (non-excludable), but the more fish one person catches, the fewer there are for others (rivalrous).

Which of the Following Is an Example of a Common