The phenomenon where each actor is incentivized to maximize his gain from a public asset at the expense of all others is

A) the tragedy of the commons.
B) cap-and-trade.
C) the closed loop.
D) the social pillar.


Answer: A

Business

You might also like to view...

If a firm has a current ratio of 2, the subsequent receipt of a 60-day note receivable to settle an open account will cause the ratio to decrease

a. True b. False Indicate whether the statement is true or false

Business

The Shane Company began business early in 2016, when Shane paid an initial fee of $100,000 to purchase a franchise. In forming the company, Shane also spent $11,000 on legal fees and $4,500 on accounting fees. During the year, Shane spent $7,500 on product development and paid $10,000 in continuing franchise fees. What amount should Shane capitalize for intangible assets in 2016?

A) $100,000 B) $115,500 C) $123,000 D) $133,000

Business

Distinguish between the two-tier and three-tier client server model. Describe when each would be used

Business

In the automobile industry during the late 1980s and early 1990s, the order-winning quality criterion was ______.

A. quality B. cost C. volume D. materials used

Business