What is the tragedy of the commons?

a. the tendency for a common resource to be overused.

b. the tendency for a common resource to be underprovided.

c. the tendency for a public good to be overused.

d. the tendency for firms to charge high prices.

e. the tendency for the government to provide goods and services?

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease