Many economists believe that suppliers of loanable funds have property rights to those funds, similar to the way that a person of with extraordinary intelligence or physical abilities has property rights to their intellectual or physical attributes

The existence of externalities is due mainly to the fact that

A) monopolies tend to produce too little of a good anyway. B) the optimal level of pollution is zero. C) pollution is not a serious problem. D) property rights are poorly defined.

Which model tends to focus on the internal assets of a company?

A) five-forces model B) resource-based model C) supply and demand model D) profit-maximization model