7. Markets do not ensure that the air we breathe is clean because a.clean air has no value. b.the government prevents markets from doing so. c.property rights are not well established for clean air. d.clean air is impossible to produce.

7. Markets do not ensure that the air we breathe is clean because a.clean air has no value. b.the government prevents markets from doing so. c.property rights are not well established for clean air. d.clean air is impossible to produce.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter1: Ten Principles Of Economics

Section: Chapter Questions

Problem 4CQQ

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Question

7. Markets do not ensure that the air we breathe is clean because
a.clean air has no value.
b.the government prevents markets from doing so.
c.property rights are not well established for clean air.
d.clean air is impossible to produce.

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