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AP Microeconomics: Market Failure & Govt (B, C, D)

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Last update by niaelizabethbush on 01/11/2012
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AP Microeconomics Market Failure Govt B C D
AP Microeconomics: Market Failure & Govt (B, C, D)
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to review concepts related to market failure and the role of government in preparation for the AP Microeconomics exam
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Free Flashcard From AP Microeconomics: Market Failure & Govt (B, C, D)
Question: What well-known parable explains why common resources may get overused and even depleted?
Answer: the Tragedy of the Commons

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