Bill owns 3 acres of beautiful wooded land.When Bill decides to move to be closer to his grandchildren,he donates the land to the state with the understanding that the land will be used as a state park that anyone may use without paying any fees.This state park

Question

Quizplus · Accepted Answer

A) The park will tend to be overused because it is nonexcludable, meaning that it is difficult to exclude anyone from using the park without paying fees.
B) The park can become a common resource since it is available for anyone to use, and if it becomes crowded, there may be issues with overcrowding and resource depletion.
C) The park becomes rival in consumption as more people use it, meaning that there is competition for the available resources within the park, such as picnic tables or parking spaces. 
Therefore, all of the above are correct.

Bill Owns 3 Acres of Beautiful Wooded Land