6. Which of the following is correct? A. Preferential use' attempts to establish a hierarchy of uses. B. Diminishing transferability of water property rights increases the market pressures toward equalization of the marginal net benefits. C. The existing system of prior appropriation rights and federal and state laws increases the degree of transferability of water property rights. D. Beneficial use' applies to instream consumptive uses
6. Which of the following is correct? A. Preferential use' attempts to establish a hierarchy of uses. B. Diminishing transferability of water property rights increases the market pressures toward equalization of the marginal net benefits. C. The existing system of prior appropriation rights and federal and state laws increases the degree of transferability of water property rights. D. Beneficial use' applies to instream consumptive uses
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
Section: Chapter Questions
Problem 3SCQ: The Gizmo Company is planning to develop new household gadgets. Table 13.4 shows the companys demand...
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6. Which of the following is correct?
A. Preferential use' attempts to establish a hierarchy of uses.
B. Diminishing transferability of water property rights increases the market pressures toward equalization of the marginal net benefits.
C. The existing system of prior appropriation rights and federal and state laws increases the degree of transferability of water property rights.
D. Beneficial use' applies to instream consumptive uses
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