According to Garrett Hardin's view of The Tragedy of the Commons:
a. Externalities will be internalized by the market.
b. Individuals will use the commons up to the point where marginal benefits equal marginal social costs.
c. Individuals will create institutions to prevent the collapse of the commons.
d. Individual will use the commons beyond the socially efficient point.
d
Economics
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In the United States, the median household income is ________ than the mean income, which means there are ________ households with low incomes than with high incomes
A) less; more B) greater; more C) greater; fewer D) less; fewer
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The decline in new business startups
A) is not concentrated in one geographic area. B) is concentrated in the Northeast states. C) is concentrated in the Gulf Coast states. D) is concentrated in the Rust Belt.
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