How might the solution address the tragedy of the commons


Problem

The U.S. government is concerned about the huge numbers of people converging on Yellowstone Park every year. Government officials are worried that the park might be getting overused and the natural beauty will be ruined as a result. Suppose someone suggests dividing the park into private lots and selling it to individuals. How might this solution address the tragedy of the commons that is occurring?

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.

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Microeconomics: How might the solution address the tragedy of the commons
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