Multiple Choice
Which of the following will most likely occur under a system of clearly defined and enforced private property rights?
A) Resource owners will tend to abuse resources and use them selfishly.
B) Resource owners will conserve vital resources for the future, particularly if they expect the resource to increase in value.
C) Resource owners will ignore the wishes of others, including those who would like to use the resource that is privately owned.
D) Resource owners ignore the wishes of others since there is little incentive to employ privately owned resources in ways that are beneficial to others.
Correct Answer:

Verified
Correct Answer:
Verified
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