One Reason Why Property Rights Help Achieve an Efficient Level

question 101

Multiple Choice

One reason why property rights help achieve an efficient level of pollution is because property rights

• A) eliminate marginal private costs.
• B) force the marginal social cost to zero.
• C) change the marginal external cost so that it is equal to the marginal social benefit.
• D) force the marginal private cost to equal the marginal social cost.
• E) force the marginal external cost to a lower level than marginal private cost.

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