Extending private property rights will be impractical if there are many polluters and many victims.

Name: Extending private property rights will be impractical if there are many polluters and many victims.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When there are many polluters and many victims, it becomes impractical to extend private property rights due to the difficulty in identifying and enforcing rights and responsibilities among numerous parties, leading to high transaction costs and enforcement challenges.

Extending Private Property Rights Will Be Impractical If There Are