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On holiday weekends thousands of people picnic in state parks. Some picnic areas become so overcrowded the benefit or value of picnicking diminishes to zero. An overcrowded picnic area is an example of

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Answer:

Tragedy of the Commons

Step-by-step explanation:

The Tragedy of the Commons is a short story used in economics to depict how using (or abusing of) public goods or services without any type of control or limitation actually ends up hurting society. In this case, since the state park is a public good and no one limits the number of users, if it gets too crowded, the users will not be able to benefit from it.

User Chaim Paneth
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