Which choice gives a reason that property rights must be protected in a market economy?

a. the right to property is not guaranteed in command economies.

b. in a chaotic market consumers might lose track of whose property belongs to whom.

c. producers must be ensured that they will be able to sell their products and keep their revenues.

d. if buyers have a right to the property of sellers, then they will be more likely to engage in free trade?

Question

Business

Baron Nash

10 July, 15:30

Which choice gives a reason that property rights must be protected in a market economy?

a. the right to property is not guaranteed in command economies.

b. in a chaotic market consumers might lose track of whose property belongs to whom.

c. producers must be ensured that they will be able to sell their products and keep their revenues.

d. if buyers have a right to the property of sellers, then they will be more likely to engage in free trade?

+4

Answers (1)

Know the Answer?

Averi Benitez · Answer 1

I believe the correct answer from the given choices is:

C. Producers must be ensured that they will be able to sell their products and keep their revenues

Producers are given the freedom or right to sell their product. They are protected by laws in a market economy.