A public recreation area that has become unpleasantly crowded is exhibiting a negative externality that is frequently associated with:
A) bargaining.
B) Pigouvian policies.
C) public goods.
D) common property resources.

Question

Quizplus · Accepted Answer

The overcrowding of a public recreation area is a negative externality associated with common property resources, as it results from overuse or misuse of resources that are not owned by anyone specifically but are available for use by the general public. This leads to issues like congestion and degradation of the resource.

A Public Recreation Area That Has Become Unpleasantly Crowded Is