When one person uses a common resource,which of the following does not occur?
A)An externality will occur.
B)Other people are worse off.
C)It is difficult to charge the person for the use of the resource.
D)No one else will be able to use the resource.

Question

Quizplus · Accepted Answer

When one person uses a common resource, an externality may occur, meaning that the person's use affects others who share the same resource. Other people may be worse off as a result of the person's use, and it may be difficult to charge the person for the use of the resource. However, it is not necessarily true that no one else will be able to use the resource. Common resources are non-exclusive, meaning that multiple people can use them at the same time.

When One Person Uses a Common Resource,which of the Following