Multiple Choice
Privatizing a public park would most likely do all of the following except
A) create a negative externality
B) give people a more attractive park
C) allow the new property owners to earn a profit
D) assign property rights to the new owners
E) bring in government revenue through the sale
Correct Answer:
Verified
Correct Answer:
Verified
Q105: A clear property right to ownership of
Q106: Most economists believe that there are positive
Q107: Producing the socially optimal (efficient) quantity of
Q108: Public choice economics is the study of
Q109: A common complaint about environmental law and
Q111: The existence of a positive externality demonstrates
Q112: Markets often generate negative externalities because<br>A) there
Q113: Relying on majority rule of voting will
Q114: a.What is the difference between a pure
Q115: Which of the following would be a