Business, 14.07.2021 01:50 sydneydavis57

Which of the following statements explains the concept of the tragedy of the commons? (Check all that apply.) A. It occurs due to excludability and non-rivalry. B. It is an example of a positive externality. C. It results when the free market equilibrium quantity is higher than the optimal equilibrium quantity. D. The open access to common resources results in their depletion through overuse.

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Which of the following statements explains the concept of the tragedy of the commons? (Check all t...