Microeconomics (13th Edition)
13th Edition
ISBN: 9780134744476
Author: Michael Parkin
Publisher: PEARSON
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Chapter 17, Problem 20APA
To determine
Relevance of tragedy of commons.
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5. Tragedy of the Commons
Describe a modern-day example of the Tragedy of the Commons
b. Explain what was done or what could be done to fix the problem.
5. Which of the following is an example of a solution to the tragedy of the commons?
a. Improving literacy among urban populations
b. Raising tax rates for large corporations
c. Inventing stronger antibiotics
d. Passing a law to set limits for fishermen
6. Which human activity would most likelv deplete finite resources?
use of natural enemies to eliminate insect pests
b. development of wildlife refuges
governmental restriction of industrial pollution
d. uncontrolled population growth
a.
7. What is the definition of Ecological Footprint?
The impact of a person on the environment
b. How much pollution an animal produces
The impact of the oceans towards erosion
d.
a.
C.
The impact of a person on their neighbors
8. What does sustainability mean?
a.
Using only non-renewable resources
b.
Avoiding the depletion of natural resources in order to maintain ecological balance.
c. Using only fossil fuels
d. Using resources faster than they can be made
Describe any two policies we can use to address market failure due to
commons or public goods.
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Chapter 17 Solutions
Microeconomics (13th Edition)
Ch. 17.1 - Prob. 1RQCh. 17.1 - Prob. 2RQCh. 17.2 - Prob. 1RQCh. 17.2 - Prob. 2RQCh. 17.2 - Prob. 3RQCh. 17.2 - Prob. 4RQCh. 17.3 - Prob. 1RQCh. 17.3 - Prob. 2RQCh. 17.3 - Prob. 3RQCh. 17.4 - Prob. 1RQ
Ch. 17.4 - Prob. 2RQCh. 17.4 - Prob. 3RQCh. 17.4 - Prob. 4RQCh. 17 - Prob. 1SPACh. 17 - Prob. 2SPACh. 17 - Prob. 3SPACh. 17 - Prob. 4SPACh. 17 - Prob. 5SPACh. 17 - Prob. 6SPACh. 17 - Prob. 7SPACh. 17 - Prob. 8SPACh. 17 - Prob. 9SPACh. 17 - Prob. 10APACh. 17 - Prob. 11APACh. 17 - Prob. 12APACh. 17 - Prob. 13APACh. 17 - Prob. 14APACh. 17 - Prob. 15APACh. 17 - Prob. 16APACh. 17 - Prob. 17APACh. 17 - Prob. 18APACh. 17 - Prob. 19APACh. 17 - Prob. 20APACh. 17 - Prob. 21APACh. 17 - Prob. 22APACh. 17 - Prob. 23APACh. 17 - Prob. 24APACh. 17 - Prob. 25APACh. 17 - Prob. 26APACh. 17 - Prob. 27APACh. 17 - Prob. 28APACh. 17 - Prob. 29APACh. 17 - Prob. 30APA
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