Changing the ownership of the ocean from common property to, Ask an Expert

Economics

Changing the ownership of the ocean from common property to private property would

ensure that this resource would be allocated in a more efficient manner.

not be economically desirable.

result in no appreciable change in efficiency of utilization of this resource.

ensure that this resource would be allocated in a less efficient manner than under common property right

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91696917

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