Phil owns 10 acres of beautiful wooded land.When Phil 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

The state park is nonexcludable because anyone can use it without paying any fees, which means it is likely to be overused (choice A). When the park becomes crowded on sunny summer weekends, it becomes a common resource (choice B) because it is not possible to exclude anyone from using it. Additionally, it becomes rival in consumption (choice C) because the more people who use it, the less enjoyable the experience will be for each individual. Therefore, all of the choices (A, B, and C) are correct.

Phil Owns 10 Acres of Beautiful Wooded Land