Private Markets Can Allocate Resources Optimally

question 42

Multiple Choice

Private markets can allocate resources optimally

• A)under all circumstances
• B)only if property rights are well defined and can be easily enforced
• C)whenever property rights are well defined, regardless of whether they can be easily enforced
• D)whenever property rights can be easily enforced, regardless of whether they are well defined
• E)whenever there is no government intervention in the market

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