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Consider the Following Problems: Overcrowded Public Highways,overfishing in the Ocean,polluted

Question 63

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Consider the following problems: overcrowded public highways,overfishing in the ocean,polluted air,and the near-extinction of the wild rhinoceros.What do these problems all have in common


A) Private markets could easily solve them if governments let the markets function on their own.
B) They would all go away if an intensive public-information campaign was made.
C) They are all the result of a failure to establish clear property rights over something of value.
D) They are all the necessary result of market economies.

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