Which of the following can result in the tragedy of the commons?
A) The use of common pool resources above the socially optimal level
B) A low level of satisfaction derived from the use of common pool resources
C) A high rate of taxation on common pool resources
D) The tendency of consumers to use common pool resources without paying for them

Question

Quizplus · Accepted Answer

The tragedy of the commons occurs when individuals use common pool resources above the socially optimal level, leading to depletion and negatively impacting the resource-sharing community as a whole. This can happen when individuals pursue their own self-interests and have no incentive to conserve the resource.

Which of the Following Can Result in the Tragedy of the Commons