Assigning Property Rights Helps Correct the Problems Associated with Common

Multiple Choice

Assigning property rights helps 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 outcome.
C) because it makes the good nonrival in consumption.
D) and therefore allows the market to better assess the marginal social benefits.