When individuals consume more than their share,and the cost of doing so is dispersed among all,the result is called

Question

Quizplus · Accepted Answer

The description given in the question is the classic definition of the Tragedy of the Commons. This concept describes a situation where individuals act in their own self-interest and consume more than their share of a common resource, leading to its depletion or degradation for everyone. The cost of this overconsumption is then spread out among all users of the resource. Therefore, the answer is D - the Tragedy of the Commons.

When Individuals Consume More Than Their Share,and the Cost of Doing