One way to overcome the problem of the commons is to
A) assign property rights so that someone owns the resource.
B) take away property rights so that no one owns the resource.
C) leave the market alone because the market will reach an equilibrium in which the efficient amount of the resource is used.
D) None of the above answers is correct.

Question

Quizplus · Accepted Answer

Assigning property rights can help overcome the tragedy of the commons by giving individuals or groups the incentive to manage and conserve the resource responsibly.

One Way to Overcome the Problem of the Commons Is