All of the following are characteristics of property rights


All of the following are characteristics of "property rights" EXCEPT that:

a) owners of goods can dispose of them with the approval of a government or society.

b) they make well-functioning markets possible.

c) they make mutually beneficial transactions within the economy possible.

d) owners of goods are specific and not owned collectively by society.

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Business Economics: All of the following are characteristics of property rights
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