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Three factors are needed in order to maintain efficient property right structure. Which of these can be summarized as 'All benefits and costs should only

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Three factors are needed in order to maintain efficient property right structure. Which of these can be summarized as 'All benefits and costs should only accrue to the owner"? O Transferability Enforceability Exclusivity SubsidizationWhich of these are most appropriate for measuring the value of knowing that an endangered species will continue to exist (existence value)? Market price O Hedonic wage Travel cost Stated preference

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