Which of the following is an example of a common resource?
A) elephants in the wild
B) lions in a zoo
C) a university education
D) public transportation

Question

Quizplus · Accepted Answer

Elephants in the wild are a common resource because they are not privately owned and anyone can access them. Common resources are rivalrous, meaning their use by one person reduces the availability of the resource for others. Elephants in the wild can be overused and depleted if not managed properly. Option B is not a common resource as lions in a zoo are privately owned and managed. Option C is not a common resource as a university education is excludable, meaning only those who pay tuition can access it. Option D is also not a common resource as public transportation is excludable to a certain extent as only those who have access to public transit systems can use them.

Which of the Following Is an Example of a Common