Once it becomes obvious that a common resource is being overused,what happens
A)Market forces cause the use of the resource to shift to a sustainable level.
B)Society voluntarily limits its use of the good.
C)It continues to be overused because individuals have no incentive to reduce their use of the good.
D)The good becomes a club good.

Question

Quizplus · Accepted Answer

When individuals have no incentive to reduce their use of the common resource, it will continue to be overused until it becomes depleted. This is known as the tragedy of the commons, where individuals prioritize their own short-term interests over the sustainability of the resource. Market forces and voluntary societal limits may be options to address the issue, but in the absence of proper incentives, they may not be enough to prevent overuse. Club goods are a separate category of goods that cannot be classified as common resources.

Once It Becomes Obvious That a Common Resource Is Being