Over the past few years, three new factories have been built near Pleasantown. A four-acre area of land lies between these three factories and since no one "owns" this land, all three factories are using it as a landfill to dump waste products. The once-beautiful land is now encased in garbage. What phenomenon does this portray?
A. cultural relativism
B. antidumping
C. social loafing
D. deadweight loss
E. tragedy of the commons
Answer: E
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