Privatizing a commons gives the person who owns it an incentive to
A) exploit the resource until it is depleted.
B) restrict it from being used at all.
C) manage it carefully.
D) make it available to everyone without restriction.
Correct Answer:
Verified
Q54: Restricting access to endangered common resources assigns
A)
Q55: Leaving open-access resources open to all people
Q56: If Florida issues an alligator hunting permit
Q57: Suppose Florida issues an alligator hunting permit
Q58: The individual transferrable quota system (ITQ) used
Q60: Governments can reduce depletion of resources by
Q61: Absolute property rights exist when one individual
Q62: Privatizing a commons tends to lead to
Q63: List three ways government can reduce depletion
Q64: A(n) _ is a system of controlling
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