Which event would be an example of a common property resource market failure?

Question

Quizplus · Accepted Answer

Highway congestion is an example of a common property resource market failure because it occurs when too many people use a shared resource (in this case, the highway), leading to overuse and degradation of the resource's quality for everyone. This is a classic case of the "tragedy of the commons," where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling the shared resource.

Which Event Would Be an Example of a Common Property