When private ownership rights are well-defined and enforced, owners of physical assets and resources
a. have no incentive to consider the desires of others.
b. incur the opportunity cost of ignoring the wishes of others.
c. are not responsible if the use of their assets impose harm on others.
d. have little incentive to take care of their assets.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When private ownership rights are well-defined and enforced, owners of physical assets and resources a. have no incentive to consider the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Surplus Mining Company has leased a machine from Craft Machinery Company. The annual payments are $6,000 and the life of the lease is 8 years. It is estimated that the useful life of the machine is 9 years.
Answers (1)
How has climate stability in the past 1500 years been beneficial to humans?
Answers (2)
Louella has been shopping for a new car for several weeks. she narrowed her selection down to a few models, and has been doing extensive research on the internet to determine which car would be the best match for her in terms of price, gas mileage,
Answers (1)
Kent bought a $2,000, 20-year U. S. Treasury bond that paid six percent annual yield when he was 22. How much would that bond be worth 20 years later when it matured?
Answers (1)
The current controllable margin for Henry Division is $138000. Its current operating assets are $300000. The division is considering purchasing equipment for $90000 that will increase annual controllable margin by an estimated $5000.
Answers (1)
New Questions in Business
Flex Co. just paid total dividends of $975,000 and reported additions to retained earnings of $2,925,000. The company has 675,000 shares of stock outstanding and a benchmark PE of 16.9 times. What stock price would you consider appropriate?
Answers (1)
Improving performance and striving for a better career is an example of ...
Answers (1)
When dvds and hamburgers were the same price, mavis consumed 3 hamburgers and 5 dvds, and mavis received 10 utils from the last hamburger and 15 utils from the last dvd consumed.
Answers (1)
When a commercial seller's agent invites other brokers to act as subagents to procure a buyer, who is compensated when the property sells?
Answers (1)
Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1.00 per poster. She has fixed costs of $250.00.
Answers (1)