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The Free Rider Problem and the Tragedy of the Commons
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The Free Rider Problem and the Tragedy of the Commons
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8. The Types of Goods / The Free Rider Problem and the Tragedy of the Commons / Problem 7
Problem 7
Why are fish in the ocean considered a common resource?
A
Because they are rival and non-excludable.
B
Because they are rival and excludable.
C
Because they are non-rival and non-excludable.
D
Because they are non-rival and excludable.
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