Private property rights are defined and enforced _____
A) only in a capitalist economy.
B) only in a command economy.
C) by the largest firm in an economy.
D) by the market forces of demand and supply.
E) by the government, by informal social actions, and by ethical norms.
Correct Answer:
Verified
Q1: A negative externality is likely to arise
Q2: Which of the following is not an
Q4: When the consumption of a good or
Q5: Which of the following is a source
Q6: Which of the following is an example
Q7: Which of the following is true of
Q8: An externality is _
A)a cost of a
Q9: What can cause externalities?
A)a cost of a
Q10: A(n)_ resource does not renew itself,and so
Q11: Pollution arises because _
A)the atmosphere is a
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