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Suppose you observe a market where wild-caught salmon is over consumed and farm-raised chicken is not over consumed. What might explain this? Multiple choice question.
Suppose you observe a market where wild-caught salmon is over consumed and farm-raised chicken is not over consumed. What might explain this? Multiple choice question. It is easier to define and enforce the property rights of a chicken farm than a wild salmon fishery. People prefer wild-caught salmon to farm-raised chicken. It is easier to define and enforce the property rights of a wild salmon fishery than a chicken farm. People prefer farm-raised chicken to wild-caught salmon
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