Which of the following would be considered a common resource?
A)cable television
B)bottled natural mineral water
C)uncongested toll roads
D)fish in the ocean

Question

Quizplus · Accepted Answer

A common resource is a resource that is non-excludable, meaning that it is difficult or impossible to exclude someone from using it, and rivalrous, meaning that one person's use of the resource reduces its availability for others. Fish in the ocean fit this definition as anyone can access them and their use by one person can reduce the availability for others. Cable television, bottled natural mineral water, and uncongested toll roads are excludable resources as they can be owned or controlled by someone and their use can be restricted or charged for.

Which of the Following Would Be Considered a Common Resource