If Property Rights Are Not Well Enforced,all of the Following

question 159

Multiple Choice

If property rights are not well enforced,all of the following are likely to occur except

• A)fewer goods and services will be produced.
• B)economic efficiency will be reduced.
• C)an economy will produce inside its production possibilities frontier.
• D)a significant number of people will be willing to risk their funds by investing them in local businesses.

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Definitions:

Available Resources

The tangible and intangible assets that a company or an individual possesses, which can be utilized to achieve goals, including financial, human, technological, and natural resources.

Managed

The act of overseeing or controlling business operations and decisions to achieve specific objectives.

Cease To Exist

A term indicating that an entity or condition has completely stopped occurring or functioning.

Businesses

Organizations involved in commercial, industrial, or professional activities aiming to earn profits.