What might happen to a county's economy and standard of living without property rights?
A. Increase because people will be producing more goods and services
B. Stay the same
C. Increase because there are more inventive to produce goods and services
D. Decrease because there are fewer incentives to produce goods and services
Answer: D
Economics
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Indicate whether the statement is true or false
Economics
The efficient quantity of a pure public good occurs when the marginal cost of producing that good equals the
A) marginal benefit to the median voter. B) marginal benefit to each individual. C) sum of all individual marginal benefits. D) sum of all individual marginal benefits divided by the number of voters.
Economics