English: Here's a graph illustrating the Tragedy of the Commons from an environmental economics perspective. The x-axis represents the level of resource utilization, while the y-axis represents the benefits or costs associated with resource use.

- The **Private Benefit Curve** shows how individuals' benefits increase with higher levels of resource utilization, encouraging overuse for personal gain. - The **Social Cost Curve** depicts the societal costs that arise from increased exploitation due to negative externalities such as resource depletion and environmental damage.

The red dot marks the **optimal resource use**, where the social cost curve intersects with the private benefit curve. This point indicates the ideal balance between individual benefits and societal costs. However, individuals are incentivized to exceed this level, leading to overuse, as they act in their own self-interest. The gap between optimal resource use and the actual resource use point (where private benefit continues to rise) represents the additional social costs incurred due to overexploitation.