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kAw kAw
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6 years ago
Changing the ownership of the ocean from common property to private property would
A) ensure that this resource would be allocated in a more efficient manner.
B) ensure that this resource would be allocated in a less efficient manner than under common property rights.
C) not be economically desirable.
D) result in no appreciable change in efficiency of utilization of this resource.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Helpmeplease11Helpmeplease11
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6 years ago
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kAw Author
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#2
6 years ago
Marking this solved, moving on to the next...
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