Which of the Following Will Hold True When Property Rights

question 30

Multiple Choice

Which of the following will hold true when property rights are not well defined or are not appropriately assigned?

• A)Goods that generate external costs will be overproduced.
• B)Goods that generate external costs will be underproduced.
• C)Goods that generate external benefits will be overproduced.
• D)Goods that generate external benefits will be produced only by the government.

---

Definitions:

Shoplifts

The act of stealing goods from a store, violating legal or ethical standards.

Plans And Commits

The process of devising a course of action and then executing it, particularly in the context of achieving a specific goal or carrying out a particular task.

Professional Robber

An individual who engages in theft or burglary as a primary occupation, often with a high level of skill or planning.

Sense Of Guilt

An emotional experience that occurs when a person believes or realizes they have compromised their own standards of conduct or violated a moral standard.