A resource used as though it belongs to all is referred to as a:
A)social good
B)social bad
C)commons
D)social externality
E)free rider

Name: A resource used as though it belongs to all is referred to as a: A)social good B)social bad C)commons D)social externality E)free rider
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Question

Quizplus · Accepted Answer

The term "commons" refers to a resource that is accessible to everyone for use, such as public parks or the air we breathe. It is considered a shared resource and is often managed as a common-pool resource.

A Resource Used as Though It Belongs to All Is