Figure 18.5.1 -Common Property Rights

question 44

Multiple Choice

Figure 18.5.1
-Common property rights:

• A) increase efficiency over individual property rights.
• B) enable the Coase theorem to work.
• C) are responsible for the increasing success of preservation of African elephants.
• D) are responsible for the increasing success of preservation of worldwide fishing resources.
• E) result in faster depletion of resources than do individual property rights.

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