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 : Socialism of nonhuman resources The

The system in which the government acts as the trustee for all members of society by owning most of the nonhuman resources is: (1) The market system. (2) Capitalism. (3) Decentralized (4). Socialism. Can someone please help me in f

Q : Determine broad distributive economics

Economy-broad efficiency: (w) may only be got in a command economy. (x) is classically the most significant goal of public policies. (y) has little to do along with price or market conditions. (z) needs that additional gains to anyone entails losses t

Q : Explain about the Opportunity Cost in

Opportunity cost is explained as the value of the: (w) best alternative specified for the decision made. (x) sum of all alternative choices while a decision is made. (y) monetary cost of making a decision. (z) cost incurred while one ignores alternati

Q : Market adjustments change equilibrium

A movement along the demand curve for a good would be caused through changes within: (1) preferences and tastes. (2) costs for productive resources. (3) supply which change the equilibrium price of the good. (4) expectations regarding future prices.

Q : Wealthy entrepreneurs by perfectly

Do you agree along with the adage such that "You cannot find rich working for somebody else"? Should successful entrepreneurs serve others to enrich themselves? Can wage earners acquire great wealth without investing? How may you test the accuracy of your answ

Q : Changes in relative prices make

Changes in relative prices make easy allocative efficiency through operating like a rationing mechanism while: (i) Ken and Barbie postpone their wedding since they both lost their jobs throughout a recession. (ii) Political instabilit

Q : Economic questions incapability of

Economic questions incapable of scientific verification like to correctness or falsity, as like why, how and when to prosecute and execute alleged murderers, or to whom income must be again distributed, fall in the category of: (1) positive economics.

Q : Case of economic capital involve in

When Farmer MacDonald decides to plant a field complete of rutabagas, the economic capital involved within such crop production process would consist of the: (i) tractor he rides. (ii) land he farms. (iii) physical effort he puts into farming. (iv) money invested from

Q : Least stable probability of market

Market prices are probable to be the least stable where: (1) production technology is dormant for lengthy periods. (2) number of consumption substitutes is large. (3) variables finding demand and supply change often. (4) demand and supply curves both

Q : Determine the opportunity cost while

While people buy something, then its opportunity cost is the: (w) monetary price they paid. (x) enjoyment they get by their purchase. (y) satisfaction they lost by not buying something else. (z) time they should work to pay their bills.

Discover Q & A

Leading Solution Library

Avail More Than 1459234 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1957712
Asked

3,689

Active Tutors

1459234

Questions
Answered

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

Submit Assignment