Question

True or False? The paradox of the commons is that if all individuals attempt to maximize their own private advantage in the short term, the commons will still remain productive in the long run.

Answer 1

False

Step-by-step explanation:

In the long-run it will lead to the destruction beyond repair of the common good. It will lose his capacity to produce.

The paradox tries to state that short-term individual goals are incompatible with long-run collective interest. As the individuals will overproduce the factor and lead to a drop in the productivity.