A copper ore refiner pollutes the water upstream from a brewery. These are the only two parties involved. The transactions costs of reaching an agreement between the refinery and the brewery are low.
The amount of water pollution will be at the efficient level A) only when the property right to the stream is assigned to the ore refinery.
B) only when the property right to the stream is assigned to the brewery.
C) when the property right to the stream is assigned to either the refinery or to the brewery.
D) when no one has clear property rights.
Question 2
Most economists believe that raising the minimum wage decreases the employment opportunities for low-skilled workers.
Indicate whether the statement is true or false
Water striders serve as a model organism for the study of sexual conflict between males and females.
Wetlands Store and Clean Water
Large water tank, possibly a public or ritual bathing area, from Mohenjo-daro, Indus Valley ...
A fuel heater is part of the fuel filter and water separator located on the frame rail of a Ford ...
Distribution of Earth's Water
Water provides adequate hydration