Asked by James Acsayan on Apr 24, 2024
Verified
If users can benefit from conservation, resources will be
A) unprofitable.
B) extracted at a fast rate.
C) preserved for future use.
D) overused in the present and the future.
Benefit From Conservation
The advantages gained from the responsible management and preservation of natural resources, including environmental sustainability and potential economic savings.
Resources
Inputs used in the production of goods and services, including land, labor, capital, and entrepreneurship.
Unprofitable
Lacking in profit or not resulting in financial gain.
- Describe the significance of property rights in the management and utilization of resources.
Verified Answer
Learning Objectives
- Describe the significance of property rights in the management and utilization of resources.
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