A common resource is:
A) likely to be overutilized.
B) a good that, when used by one person, leaves less for everyone else.
C) rival but nonexcludable.
D) All of the answers are correct.

Question

Quizplus · Accepted Answer

All of the answers are correct. A common resource is likely to be overutilized because it is a rival good, meaning that someone's use of the resource makes it less available to others. Additionally, common resources are nonexcludable, meaning it is difficult or impossible to prevent someone from using it.

A Common Resource Is