A New Zealand private nature reserve that holds deers for tourism and hunting, has converted a common resource into a private good.

Question

Quizplus · Accepted Answer

By converting the deer, a common resource, into a private good for tourism and hunting purposes, the New Zealand private nature reserve has created a market for their product and has excluded non-paying individuals from accessing it, making it a private good.

A New Zealand Private Nature Reserve That Holds Deers for Tourism