Good methods for helping to protect natural resources include: a. Establishing property rights and giving them to

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Good methods for helping to protect natural resources include:

a. Establishing property rights and giving them to local users.

b. Encouraging first-come-first-served property rights.

c. Teaching people to consider user cost.

d. Having the government set up and enforce ITQs.

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 03:59 AM

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Good methods for helping to protect natural resources include: a. Establishing property rights and giving them to

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Answer a b and d are correct Assigning property rights to local users creates incentives for them to ...View the full answer

Microeconomics Principles, Problems and Policies

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