Common ownership may fail to ensure that harvesting of renewable resources does not exceed the maximum sustainable yield

Between September 2009 and September 2010, the recovery of private inventories, as shown in Figure 19.1, was far stronger than the overall economy's recovery from the Great Recession. Which is the most reasonable inference?

A) Persistently weak aggregate demand gave producers no alternative but to place current output into storage. B) Businesses overestimated the strength of the recovery, which lead to overstocking of inventories. C) Financial constraints had forced businesses to contract inventories by more than they otherwise would have chosen. The period beginning in September 2009 reflects the attempt by businesses to correct this. D) Generally poor weather conditions in the final months of the year in the northern hemisphere make it less costly to store goods than to transport them to consumers.

Voluntarism in recycling garbage

a. generally has not been successful. b. works only where there is surveillance. c. increases the cost of recycling waste. d. has worked best of all recycling program alternatives.