Question

Clearly establishing property rights for water ownership would result in which of the following? Choose one or more: A. incentive to maintain the property B. incentive to trade with others C. incentive to conserve the property D. incentive to protect the property E. the tragedy of the commons

Answer 1

Incentive to trade with others, incentive to maintain property,incentive to protect the property and incentive to conserve the property are the property rights for water ownership.

Explanation:

Trade incentives are help that governments provides to industries or firms so that they can acquire a place in the foreign market.

Property incentives are help provided by the landlords to the tenants so that property can be maintained.

Incentive to protect the property is the help provided to protect property that is to look after the price, demand.

Incentive to conserve property is the help provided by the Government so that the property can be conserved properly that is the government looks after its maintenance.