Overuse of a common resource may be avoided by all of the following methods except
A) charging for the use of a common resource.
B) issuing tradable permits for the use of a common resource.
C) government taking over ownership of all private common resources.
D) setting quotas or legal limits on the quantity consumed of the common resource.

Question

Quizplus · Accepted Answer

Government taking over ownership of all private common resources is not a method to avoid the overuse of a common resource. It is instead a solution to the tragedy of the commons, where privatization ensures responsible use of the common resource by the owner. The other options mentioned, such as charging for use or setting limits, are methods to avoid overuse of a common resource. Tradable permits allow for market mechanisms to regulate the use of the resource, while quotas or legal limits set explicit restrictions on consumption.

Overuse of a Common Resource May Be Avoided by All