Which of the following goods is most likely to be overconsumed?
A)Fish in the ocean
B)Chickens on a farm
C)Horses on a ranch
D)Water from a reservoir

Name: Which of the following goods is most likely to be overconsumed? A)Fish in the ocean B)Chickens on a farm C)Horses on a ranch D)Water from a reservoir
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

Fish in the ocean are a common resource, which means they are non-excludable and rivalrous, leading to overconsumption due to the "tragedy of the commons."

Which of the Following Goods Is Most Likely to Be