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Economists view private property rights regimes as having what advantage over communal property rights regimes? a Private property rights are incentive-compatible, communal property rights are

Economists view private property rights regimes as having what advantage over communal property rights regimes?

aPrivate property rights are incentive-compatible, communal property rights are not.
bCommunal property rights solve the non-excludability characteristic of public goods.
cPrivate property rights necessarily result in more equitable outcomes.
dCommunal property rights are incentive compatible whereas private property rights are not.

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