Suppose Everyone Working the Land in Exland Knows the Usefulness

question 14

Multiple Choice

Suppose everyone working the land in Exland knows the usefulness of investing in land irrigation systems. Those who work the land may choose not to invest in these profitable irrigation systems as long as

• A) the investment is too expensive.
• B) the natural climate, such as abundant rain, makes the irrigation projects unnecessary.
• C) their property rights, with respect to the land, are subject to change.
• D) the government dictates the choice of investment.

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Definitions:

Categorical

Pertaining to data that can be divided into specific groups or categories that are qualitatively distinct.

Tossing

The act of throwing something lightly or casually, often used in the context of flipping a coin or similar objects.

Coin

A piece of hard material, typically metal, used as money, bearing an official stamp or design.

Outcome

The result or consequence of an experiment, test, or study.