Author Question: Since it is difficult to establish and enforce ownership rights over air, people have less incentive ... (Read 43 times)

Mr3Hunna · **on:** Jun 30, 2018

Since it is difficult to establish and enforce ownership rights over air, people have less incentive to preserve air quality than if its ownership was clearly defined.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Indexing reduces the ability for relative price changes to allocate resources where they are more valuable.
a. True
b. False
Indicate whether the statement is true or false