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Electricity Generated from Coal-Burning Plants Is Relatively Cheap,but the Plants

Question 208

Multiple Choice

Electricity generated from coal-burning plants is relatively cheap,but the plants contribute to global warming due to their high level CO₂ emissions.The negotiations between developed and developing countries to cut back on coal electricity has failed in the past.This is an example of the ________.


A) tragedy of the commons
B) free-rider problem
C) paradox of thrift
D) prisoners' dilemma

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