If the use of a common resource is not regulated, it:
A)is a natural monopoly
B)is a public good
C)is a private good
D)will be overused

Question

Quizplus · Accepted Answer

If a common resource is not regulated, individuals will have no incentive to conserve it and will use it for their own benefit until it is depleted or no longer economically viable. This is known as the tragedy of the commons. Therefore, the common resource will be overused.

If the Use of a Common Resource Is Not Regulated