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ad-work [718]
3 years ago
15

The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to the destruction o

f the grazing resource. To correct this problem, the town could _____.
a. allow individual shepherds to choose their own flock sizes.
b. internalize the externality by subsidizing the production of sheep's wool.
c. auction off a limited number of sheep-grazing permits.
d. wait until the market corrects the problem.
Business
1 answer:
alexdok [17]3 years ago
7 0

Answer:

the answer is C. auction off a limited number of sheep-grazing permits.

Explanation:

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