Economy, asked by diwakarlimbu17, 1 month ago

what is tragedy of commons?

Answers

Answered by avabooleav
3

Answer:

Explanation:

The tragedy of the commons is an economics problem in which every individual has an incentive to consume a resource, but at the expense of every other individual --

Answered by ashmitamanikandan6
3

Answer:

The tragedy of the commons is a problem that occurs when individuals exploit a shared resource to the extent that demand overwhelms supply and the resource becomes unavailable to some or all. ... Non-renewable resources, such as water, are often used as if the supply were limitless.

Explanation:

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