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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Definitions:

Connective Tissue

Tissue that supports, binds together, and protects the organs and other tissues of the body, including bone, cartilage, and blood.

Topical Anesthetics

Medications applied to the skin or mucous membranes to numb the area and provide pain relief during minor procedures or to alleviate symptoms of certain conditions.

Normal Saline

A solution of 0.9% sodium chloride (salt) in water, mirroring the salt concentration in blood and tissues, commonly used for intravenous hydration.

Acid PH

A measure of acidity or alkalinity, where a pH less than 7 indicates an acidic substance.