If the use of a common resource is not regulated,what happens
A)It cannot be used by anyone.
B)The economy will end up with too much of a good thing.
C)It becomes a private good.
D)It will be overused.

Question

Quizplus · Accepted Answer

If the use of a common resource is not regulated, it will be overused. This is because there is a lack of incentives for individuals to limit their usage of the resource, leading to depletion or degradation of the resource over time. The tragedy of the commons is a classic example of this phenomenon.

If the Use of a Common Resource Is Not Regulated,what