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Market and Types of Goods · UPSC CDS/OTA · Question 22 of 66

Market and Types of Goods: Which type of goods are related to the tragedy of the commons?

Step-by-step solution. Market and Types of Goods for UPSC CDS/OTA.

Topic
Market and Types of Goods
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

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Q · Market and Types of GoodsMedium · 45s

Which type of goods are related to the tragedy of the commons?

TopicMarket and Types of Goods
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Common goods are non-excludable but rivalrous, causing overuse.

Final Answer: Option C - Common goods
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Which type of goods are related to the tragedy of the… - Market and Types of Goods (General Studies) Solved Question