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Author Question: Poorly defined property rights imply that _____. a. people can play their music as loud as they ... (Read 54 times)

moongchi

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on: Jul 1, 2018
Poorly defined property rights imply that _____.
 
  a. people can play their music as loud as they would like
  b. profit opportunities exist for entrepreneurs
  c. a Pareto optimum is still easily achieved
   d. people may be able to use resources without paying for them

Question 2

The primary problem with the argument that we agree to be coerced if everyone is coerced to do an action is _____.
 
  a. there is no way to know whether it is true or not
  b. it only applies to a limited number of situations
  c. it only applies to actions in the public interest
   d. there is no way to force everyone else to go along


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coreycathey

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


moongchi

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

cpetit11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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