Question

After a new library opens in the community guests borrow almost all of the books within the first week. The manager of the library did not anticipate such interest so she now places a limit of two books on loans so that more people will have access to them. In this case the books in the library are serving as a ________.
1. community asset2. common-pool resource3. scarce dilemma4. egoism-inducing measure

Answer 1

Answer:

The correct option is "common-pool resource"

Explanation:

A common-pool resources is described as any resource capable of benefiting a group of people, but can have minimal or diminished benefits to the same group of people if each person pursues self-interest rather than the interest of all. In this case, if there is no limit to borrowing books, the benefit of having the library will not be felt because it will be empty at all times.