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29 November, 15:35

A lack of enforceable property rights would discourage you from maintaining your car in good condition. which factors contribute to this situation?

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  1. 29 November, 16:12
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    The factors are:

    - A poorly maintained car is less valuable. Which means when the car started to depreciate, it is faster to just sell it rather than maintaining it.

    - Maintaining a car costs time, money, and effort, and many of the people only used cars for special vacations because going to work through public transportation is much more efficient.
  2. 29 November, 19:12
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    The factors that contributed to that situation would include:

    -maintaining a car itself costs time, money and effort because you would have to make sure the car is in good condition to continue its efficiency.

    -if one has a poorly maintained car, its value lessens thus not being profitable enough in case one might need to sell it
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