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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 5
Problem 5
What solution can be proposed to prevent the depletion of common resources?
A
Implementing property rights to internalize externalities and align incentives.
B
Increasing the rivalry of resources to reduce access.
C
Removing government intervention to allow free market solutions.
D
Making resources non-excludable to increase usage.
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