Possession protection of property rights
Why possession protection of property rights and private property promotes the market system?
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The possession of protection of property rights and private property promotes innovation, investment, consequently economic growth also. Property rights promote the maintaining of the property and they facilitate the exchange of the property.
Transaction costs to ultimate consumers are reduced if: (w) consumers travel long distances to buy directly from manufacturers quite than buying the goods at local retail stores. (x) intermediaries generate income while conveying goods from manufactur
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need urgent help in business economics, please suggest
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The clearest illustration of economic inefficiency would be: (w) maintaining a warehouse full of pet rocks within hopes such that someday the fad will return. (x) pet rocks being unavailable to people willing to pay a price that exceeds the marginal s
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