Which of the Following Statements Is True

question 101

Multiple Choice

Which of the following statements is true?

• A)the initial distribution of rights affects the market's ability to reach an efficient outcome
• B)the initial distribution of rights affects the distribution of economic wellbeing
• C)government intervention is required if the distribution of rights favours Dick
• D)government intervention is always required

---

Definitions:

Shells

Shells are hard, protective outer layers created by animals, particularly mollusks such as snails, oysters, and clams, as a form of protection or body support.

Well Sorted

A condition of sedimentary particles that display a narrow range of sizes due to the action of transport and deposition processes.

Cross-bedding

A geological feature that forms as inclined layers of sediment are deposited across a horizontal surface, indicating ancient water or wind flows.

Siltstone

A sedimentary rock composed of consolidated silt-sized particles, generally mostly quartz.