Chapter 1: Problem 5
Which one of the following demonstrates the concept of the "tragedy of the commons"? A. Competing companies log as many trees as possible for financial gain until no trees are left B. Public forest land is sold to a privately-owned investor group C. Logging forests is dangerous work and ends up killing or injuring many workers D. A careless hiker accidentally starts a wildfire that destroys hundreds of acres of forest E. Government regulations lead to conditions that increase the risk of forest fire on public lands
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.