When a resource is an open-access resource,
a. each individual in the society owns it
b. the group owns it
c. no one owns it
d. the government owns it
e. some nonprofit agency owns it
C
Economics
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The structure of an organization is influenced by transactions costs
Indicate whether the statement is true or false
Economics
Which of the following most likely includes unreported income from illegal sources?
a. underground economy b. nonmarket transactions c. externalities d. leisure
Economics