question archive 1)Which of the following is not a potential solution to the tragedy of the commons? a) Setting a production quota, b) Granting individual transferable quotas, c) Subsidizing use of the resource, d) Establishing property rights of the resource, e) None of the above
1)Which of the following is not a potential solution to the tragedy of the commons? a) Setting a production quota, b) Granting individual transferable quotas, c) Subsidizing use of the resource, d) Establishing property rights of the resource, e) None of the above
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1)Which of the following is not a potential solution to the tragedy of the commons?
a) Setting a production quota,
b) Granting individual transferable quotas,
c) Subsidizing use of the resource,
d) Establishing property rights of the resource,
e) None of the above.
2)A private good is _____ and _____.
a) rival; excludable,
b) rival; non-excludable,
c) non-rival; excludable,
d) non-rival; non-excludable,
e) scarce; expensive.
Option 1
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