Question

what is an example of a human made, renewable resource which is subject to the tragedy...

what is an example of a human made, renewable resource which is subject to the tragedy of the commons? Has this been solved? If so how?

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The example is office refrigerator.

This is human made and renewable. Excessive use of it can damage it or can make shorter its life, this is known the tragedy of the commons; it happens when so many people (office staffs) use a particular thing (the refrigerator) as much as possible for their self-interest (dumping their heavy lunch boxes there) may spoil the thing (the refrigerator).

It is solved by the management of the organization.

The management calculated the maximum capacity of the machine (the refrigerator); then passed and issued a circular to the office staffs not to keep certain food items there, which has over weight and awkward shape. Such thing saves the machine from being misusing.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A. Define a common resource, and name one example of a common resource located in Arizona....
A. Define a common resource, and name one example of a common resource located in Arizona. B. Explain what problem prevents efficient use of common resources. C. List all methods for dealing with “the tragedy of the commons” that are discussed in the textbook. D. Briefly discuss one of the methods for dealing with “the tragedy of the commons.”.. Please use text to exlpain.
1) Renewable Resources Explain what the tragedy of the commons refers to and use a graph...
1) Renewable Resources Explain what the tragedy of the commons refers to and use a graph to illustrate why it happens. 2) Understanding the Economics of Acid Rain Explain why the government did “The Right Thing for The Wrong Reason” in the context of SO2 Allowance Trading. 3) Energy Paradox When looking at potential win-win actions that could reduce carbon dioxide, many analysts talk about the energy paradox or energy-efficiency gap interchangeably. Explain the distinction between the two concepts, and...
Human Resource Development and Improvement- What tools and information can we use to further improve human...
Human Resource Development and Improvement- What tools and information can we use to further improve human resource management? What are the best methods? Who are the best candidates? What skills should one have as a human resource employee? Ect.       The paper must be a minimum of 3-4 content pages in length. The first paragraph should identify the subject and state your thesis.   The body of your paper should support the thesis presented in the introductory paragraph. The paper must...
You are hired as a Resource and Talent Consultant for Human Resource Management Department in a...
You are hired as a Resource and Talent Consultant for Human Resource Management Department in a beverage company. the company is establishing its operations while lacks expertise in Human Resource Management. Your job is to convince the Board of Directors by explaining the importance of HR functions in Managing the Resources & Talent in the company. To convince the BOD you need to highlight from BOTH academic perspective and application of theory into the given situation/scenario Assessment criteria (Total 100...
Which of the following is an example of inferential statistics? A.) A human resource manager at...
Which of the following is an example of inferential statistics? A.) A human resource manager at a company wants to know what percentage of the company's employees are caring for an elderly parent. Based on a questionnaire completed by all the company's employees, it is determined that 8% of the employees are caring for an elderly parent B.) A survey is sent to half of the companys employees. It is determined that, for a sample of employees, 10% are caring...
Question: what is HRM( Human resource management) and how this works in an organization. provide some...
Question: what is HRM( Human resource management) and how this works in an organization. provide some examples. this is the exam question for 6 marks so I need a good explanation.
Consider a non-renewable resource with a demand function Q = 500 – 4P. The marginal cost...
Consider a non-renewable resource with a demand function Q = 500 – 4P. The marginal cost of extraction is constant over time at $50. The discount rate is 0.10. There are 800 units of resources available. a) Construct the optimal extraction path for this resource. How many periods does it take to exhaust the resource? (Hint: Start by using the choke price to determine the price in the “final” time period, calculate the rent, use the fact that the rent...
The different interpretations which were given for Human Resource Management produced two Schools of Thoughts –...
The different interpretations which were given for Human Resource Management produced two Schools of Thoughts – the Soft and the Hard Versions. They are considered as two main models of HRM. The soft version focuses on human’s side and the hard part on the job. One of the first explicit statements of the Human Resource Management concept was framed by the Michigan School of Thought under the leadership of Fombrun et al in 1984. The model was also known as...
QUESTION 26 Which of the following is an example of a physical resource? restructuring efforts strategies...
QUESTION 26 Which of the following is an example of a physical resource? restructuring efforts strategies experience of top managers None of the above 1 points    QUESTION 27 Which of the following is an example of an organizational resource? experience strategies employee knowledge & skills None of the above 1 points    QUESTION 28 Which of the following is not a category of firm resources? organizational resources physical resources human resources All of the above are categories of firm...
What problems arise when a species is introduced from a foreign ecosystem? How do these problems...
What problems arise when a species is introduced from a foreign ecosystem? How do these problems occur? Give four categories of consumers in an ecosystem and the role that each plays. Compare “instrumental” and “intrinsic” value as they relate to determining the worth of natural species. How does Leopold’s idea of the land ethic fit into these two categories? What is the “tragedy of the commons”? Give an example of a common-pool resource, and describe ways of protecting such resources....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT