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malry187 malry187
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6 years ago
When no one owns a particular resource
A) property rights are clearly defined.
B) individuals have legal recourse for any damages caused to their resource.
C) no one has any incentive to consider externality spillovers associated with that resource.
D) positive externalities will arise.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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alpheratzalpheratz
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Posts: 125
6 years ago
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malry187 Author
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6 years ago
Thank you
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