Question

When the commons are converted into privately owned resources, _____.

utilization is decreased, and the benefits to the society increase

utilization remains unchanged, and the benefits to the society increase

utilization is increased, and the benefits to the society also increase

utilization is increased, and benefits to the society decline

utilization is decreased, and the benefits to the society also decrease

Answer 1

Since the common resources are over-utilized, therefore after some time, the common resources are vanished or are not usable.

So when the commons are converted into privately owned resources, then private individual will take care of the resources and use it wisely, so the lifetime of the resource will increase. Since the resource is now priavately owned, therefore resource owner will charge money for using it, but by using the resource is now more usable because private individual will take care of the resource.

Hence it can be said that So when the commons are converted into privately owned resources utilization is increased, and the benefits to the society also increase.

Hence option third is the correct answer.

Third; utilization is increased, and the benefits to the society also increase.