Which of the Following Will Most Likely Occur Under a System

question 118

Multiple Choice

Which of the following will most likely occur under a system of clearly defined and enforced private property rights?

• A) Resource owners will fail to conserve vital resources, even if they expect their supply to be highly limited in the future.
• B) Resource owners will ignore the wishes of others, including others who would like to use the resource that is privately owned.
• C) Resource owners will fail to consider the wishes of potential future buyers when they decide how to employ privately owned resources.
• D) Resource owners will gain by discovering and employing their resources in ways that are highly valued by others.

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Definitions:

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in the air and is absorbed by plants in photosynthesis.

End Product

The final product resulting from a process, which could refer to manufacturing, metabolic pathways, or any sequence of actions.

Similar Families

Groups of related organisms classified together due to shared characteristics and genetic similarities.

Taxonomy

The science of naming, describing, and classifying organisms; see systematics.