Assigning property rights helps to correct the problems associated with common resources:
A) because it allows property owners to exclude users and to manage the resource more efficiently.
B) because it allows the government to determine the amount that would lead to the socially optimal amount.
C) because it makes the good nonrival in consumption.
D) and therefore allows the market to better assess the marginal social benefits.

Question

Quizplus · Accepted Answer

Assigning property rights allows owners to exclude others and manage resources efficiently, addressing overuse and depletion issues associated with common resources.

Assigning Property Rights Helps to Correct the Problems Associated with Common