In a competitive market the ________ curve shows the marginal benefit received by consumers and the ________ curve shows the marginal cost to producers

According to the textbook, which of the following methods for coordinating the supplies and demands for scarce goods tends to work best to enhance the freedom and power of people who want the goods?

A) A lottery B) Equal shares for all C) First come, first served D) Highest money bid E) Might makes right

Property rights often remain poorly defined because of _____

a. difficulty enforcing ownership once defined b. government fiat c. strong incentives towards the status quo d. monopolies