A transferable property right is one that:
A) can be sold or leased to someone else.
B) allows its owners to prevent others from using a resource.
C) equates marginal benefits to marginal costs.
D) lets anyone use a resource without cost to society.

Question

Quizplus · Accepted Answer

A transferable property right can be sold or leased to someone else, giving the owner the ability to transfer their right to use or benefit from the property to another party. This means that the owner can generate income from their property by renting it out or selling it.

A Transferable Property Right Is One That