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Need help with this question Consider a piece of land that is used by farmers to produce an agricultural good. Suppose that there are non-exclusive

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Consider a piece of land that is used by farmers to produce an agricultural good. Suppose that there are non-exclusive rights to the land so any farmer can use the land. What best explains the Tragedy of the Commons? 0 Farmers use the land until the rents to the land are maximized 0 All of the answers explain the Tragedy of the Commons. 0 Farmers do not consider the production externality imposed on others when using the land. 0 Farmers use the land until the marginal revenue of production equals the marginal cost of production

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