which of the following is an example of a common resource a

which of the following is an example of a common resource?

a. taxicab service

B. the sumatran tiger population in the wild

C. rabbit fur

D. the stock of knowledge in the public domain

Solution

Common resources are unlike pure public goods, consisting the characterestic of rivalry and non excludablity.

The sumatran tiger population is an example of a common resource. Since the sumatran tiger is one of the endangered species in the world which can be found in Indonesia. Though it is illegal to hunt these tigers, but if any person hunt a Sumatran tiger it reduces the availability of the tiger to others.

B. the sumatran tiger population in the wild