A neighborhood uses well water, and no individual family has to pay for the water they consume. Thus, each family waters their grass excessively and doesn't bother to conserve water, and the well runs dry. This is an example of which of the following?
A) the tragedy of the commons
B) the Prisoner's Dilemma
C) the chicken game
D) the overabundance problem
Correct Answer:
Verified
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