Individuals, firms, and government agencies deplete clean water and clean air because

Question

Quizplus · Accepted Answer

Clean water and clean air are typically considered common resources, meaning they are nonexcludable and nondepletable. However, there is often little to no charge for accessing these resources, which can create a tragedy of the commons situation where individuals, firms, and government agencies may overuse or pollute these resources due to lack of incentives to conserve them.

Individuals, Firms, and Government Agencies Deplete Clean Water and Clean