In many areas, local governments only allow individuals with hunting permits to hunt. This regulation is likely in place because without it: the tragedy of the commons would exist. the hunted animals are nonexcludable goods. the hunted animals are rival goods.
A)II only
B)I and II only
C)II and III only
D)I, II, and III

Question

Quizplus · Accepted Answer

The tragedy of the commons occurs when individuals overuse a shared resource (I), leading to its depletion. Hunted animals are nonexcludable goods because it's difficult to prevent people from hunting them without regulations (II). They are also rival goods because one person's hunting diminishes the availability of the animals for others (III).

In Many Areas, Local Governments Only Allow Individuals with Hunting