Assignment:
Suppose that the fishery example was not a common property resource but a fishery in a lake owned by an individual or a single firm. The owner could choose to allow fishing and charge a fee for access to the lake. How would the economic logic differ from the common property resource case? Would there be a greater net social benefit? Who would receive this net social benefit?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.