Which of the following are characteristics of a common-property resource?
A)rivalrous and excludable
B)non-rivalrous and non-excludable
C)non-rivalrous and excludable
D)rivalrous and non-excludable

Question

Quizplus · Accepted Answer

A common-property resource is rivalrous because its use or consumption by one person decreases the availability for others, and it is non-excludable because it is difficult to prevent others from accessing the resource. Examples include fish in the ocean, forests, and clean air.

Which of the Following Are Characteristics of a Common-Property Resource