In the mid-19th century, before they were pushed to the brink of extinction, there were between 60
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In the mid-19th century, before they were pushed to the brink of extinction, there were between 60 and 100 million American Bison in the U.S. There are an estimated 350,000 American Bison in the wild today, located primarily in a few national parks and other reserves. There are currently about 100 million cattle in the U.S. Using the notion of property rights, can you explain why these populations are so different?
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The difference in populations between American Bison and cattle in the United States can be explained by the concept of property rights Property right...View the full answer
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Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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