In this chapter you learned "the tragedy of the commons". Even though toilet paper is a private good, the access to toilet paper, meaning the ability to walk into a store to buy it, is non-exclusive (anyone may walk into to Target, Wal-mart, etc.) and rivalrous (when there is no TP left on the shelves, nobody has access) meaning it could be considered a common good. Explain the "tragedy of the commons" to me as it relates to the toilet paper crisis from last year.

Hint: You are being scored on your ability to explain the tragedy of the commons, not on your ability to provide the definition of the tragedy of the commons, nor you ability to explain your experience with the toilet paper shortage, so your answer should be using this real life event to explain this economic phenomenon.