Water is a common resource, meaning that nobody in particular owns it. The scarcity of this resource leads to people acting selfishly and shortsightedly. This is an example of which of the following?

Answer Options:

a. The Laissez Faire market system, which leads to increased use and pollution of a shared limited resource. To avoid this, proper water management plans are necessary to keep water sources sustainable.

b. The Laissez Faire market system, in which the government has no right to tell people what to do with their water and must leave them alone.

c. The Tragedy of the Commons, which leads to decreased use and less pollution of a shared limited resource. To maintain this, proper water management plans are necessary to keep water sources sustainable.

d. The Tragedy of the Commons, which leads to increased use and pollution of a shared limited resource. To avoid this, proper water management plans are necessary to keep water sources sustainable.