The key explanation for the prevalence of waterway pollution is
A) the inclusion in production of all costs involving use of the waterway.
B) that there are private costs but no costs to society.
C) that waterways are often an open access, commonly owned resource.
D) that waterways are subject to the market's normal control procedures.

Question

Quizplus · Accepted Answer

Waterways are often an open access, commonly owned resource, leading to overuse and pollution because individuals do not bear the full cost of their actions, resulting in a "tragedy of the commons" scenario.

The Key Explanation for the Prevalence of Waterway Pollution Is