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Which one is the right answer? ves cut up stolen cars and resold 45.Lojack anti-theli devices installed on some cars located the stolen the parts.

Which one is the right answer?

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ves cut up stolen cars and resold 45.Lojack anti-theli devices installed on some cars located the stolen the parts. This reduced car theft in general, creating a moral hazard. positive externality adverse selection. discrimination against cars most likely to be stolen. logrolling 46. Nobel Prize-winning economist Ronald Coase perceives market failures as a property rights. most-favored customers, Facilitating practices synthetic coalitions. public goods. 47. When 95% of the students in your economics receive a flu shot, the remaining S's have less chance of getting sick with the flu. This is an example of atn) positive externality legslive externality common good J. lil adverse selection moral haz and 48 A situation where everybody owns something but nobody takes care of it illustrates the market failure problem associated with private property rights. collusion. social regulation. common ownership, situational dysfunctionality. 50. For a market to work, someone has to own the good or resource. b. be in charge. ask government to provide replace cost-plus-markup pricing with most-fava ed-customer pricing reduce cons mer-producer pendence. $1. In some African cau ies, the elephant populate sed significantly when the government facilitated substitution of African elephants for Indian elephants. a shift from co ip to private property rights. social d. a shift from pri mership. the creation

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