Fee-simple private property rights

I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. “Fee-simple” private property rights permit you to: (1) Shoot trespassers who are on your land with no permission. (2) Refuse to lend your car to the neighbor. (3) Commit victimless crimes devoid of penalty. (4) Burn your home to assemble insurance. (5) Abuse your child.

Can someone please help me in finding out the accurate answer from the above options.

View Complete Question

Related Questions in Public Economics

Q : Explain the problem of Macroeconomics

Hello guys please suggest your answer for the given problem: A problem which MOST involves a macroeconomic problem is the result of a: (w) drought on the price of corn. (x) tax reform on the incomes of financial planners. (y) steel

Q : Illustration of Self Interest Elmer

Elmer leaves his old mule Betsy and buys a new tractor to plow his fields. It is assumed to be consistent along with Elmer's perception of his best interest since: (w) tractors can plow more than a mule. (x) Elmer is assumed to be a rational farmer. (

Q : Define the normative economics in

Hello guys I want your opinion. Please suggest your answer for following Normative-economics problem. Normative economics: (i) based upon value judgments. (ii) involves statements which are either right or wrong. (

Q : Define the inflation most influences

Please help me to solve the problem of Prices that is given below: Inflation most influences: (i) absolute prices. (ii) subjective values. (iii) relative prices. (iv) objective prices. (v) tax rate

Q : Estimate relative cost When SCUBA

When SCUBA vacations are $480 and DVDs are $16, in that case what is the relative cost of a SCUBA vacation within terms of a DVD?: (i) 30 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (e) 3,600 disks. I ne

Q : Economic capital and recipes for

The knowledge embodied within economic capital and the “recipes” people make use of to combine materials, energy and other resources therefore production happens are commonly considered to as which one: (i) The production function, (ii) Ca

Q : Determine the initial distribution of

When goods are traded and several families gain without worsening other families' well-being, so in that case the initial distribution of goods should have been: (w) optimal. (x) distributively inefficient. (y) superior to the new dis

Q : Basic economic questions NOT included

The three basic economic questions do NOT include: (w) What?, (x) For whom?, (y) Where? and (z) How? Can someone explain me with about above problem of fundamental economic concept...

Q : Technological change in extracting

Can someone help me in determining the right answer from the given options. A good illustration of technological change would be a discovery of a: (i) Pool of oil as big as any in Kuwait merely a bit south of Cleveland. (ii) Tenth planet as big as Neptune circling our

Q : Uses of a theory in economic analysis

To be helpful in economic analysis, a theory should produce: (w) Realistic assumptions. (x) A consensus in between scientists. (y) Results which is not possible to disprove. (z) Predictions supported through real world data.

Discover Q & A

Leading Solution Library

Avail More Than 1429850 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1944683
Asked

3,689

Active Tutors

1429850

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment