Each of the following is likely to be a successful way for the government to solve the problem of overuse of acommon resource EXCEPT a. regulating the use or consumption of the common resource. b. taxing the use or consumption of the common resource. c. selling the common resource to a private entity. d. asking individuals to voluntarily reduce their use of the resource.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section: Chapter Questions
Problem 4CQQ
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Each of the following is likely to be a successful way for the government to solve the problem of overuse of a
common resource EXCEPT


a. regulating the use or consumption of the common resource.
b. taxing the use or consumption of the common resource.
c. selling the common resource to a private entity.
d. asking individuals to voluntarily reduce their use of the resource.
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