CENGAGE | MINDTAP Homework (Ch 11) Back to Assignment Attempts Keep the Highest / 2 5. Common resources versus private goods Spring is here, and Eric and his brother would like to go fishing for the weekend in Vermont. Eric could either go to the river in town where anyone can fish without a permit, or he could drive up to a stream located on his family's property PRIVATE in the countryside to fish. Assume that, no matter where PROPERTY people fish, all of the fish that are caught would be kept (that s, there is no "catch and release" policy). The fish in the river are considered and whereas the fish in the private stream are and . In other words, the fish in the river are an example of , and the fish in the private stream are an example of Fishing in the river will likely lead to because of which of the following reasons? Nobody will enjoy fishing because of the lack of private contributions to the maintenance of the river. All fishermen will choose to fish in the river because of the limited access to the stream. Anyone can fish in the river, and one person's fishing activity decreases the ability of someone else to fish with success. All fishermen will choose to fish in the stream believing that there are more fish there. Grade It Now Save & Continue Continue without saving ere to search O a 5 P hp