Which of the following is not a problem with poorly defined property rights?
A)Insufficient incentive exists to produce resources that cannot be protected.
B)Resources will tend to be underutilized.
C)Individuals may be able to use resources without paying for them.
D)Little incentive to conserve on the use of poorly defined resources.

Question

Quizplus · Accepted Answer

Poorly defined property rights typically lead to overutilization or misuse of resources, rather than underutilization, because individuals may exploit resources without bearing the full cost of their actions.

Which of the Following Is Not a Problem with Poorly