Common resources tend to be overused because: common resources are nonrival and nonexcludable. the individual marginal cost is greater than the marginal social cost. individuals tend to ignore the cost to others of their use of the resource. the marginal cost of allowing one more unit of consumption is zero.
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Home » Business » Common resources tend to be overused because: common resources are nonrival and nonexcludable. the individual marginal cost is greater than the marginal social cost. individuals tend to ignore the cost to others of their use of the resource.