Problem
Suppose an underground reservoir of oil may reside under properties owned by several different individuals. As each well is drilled, it reduces the amount of oil that others can take out. Compare how quickly the oil is likely to be extracted in this situation with how quickly it would be extracted if one person owned the property rights to drill for the entire pool of oil.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.