What are the benefits of clearly established property rights? Group of answer choices Responsible parties are identified and it helps increase negative externalities. Business are incentivized to comply with regulations. Responsible parties are identified and it helps reduce negative externalities.

What are the benefits of clearly established property rights? Group of answer choices Responsible parties are identified and it helps increase negative externalities. Business are incentivized to comply with regulations. Responsible parties are identified and it helps reduce negative externalities.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section16.2: The Functions Of Government

Problem 3R

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Question

What are the benefits of clearly established property rights?

Group of answer choices

Responsible parties are identified and it helps increase negative externalities.

Business are incentivized to comply with regulations.

Responsible parties are identified and it helps reduce negative externalities.

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