Question 27 Not yet answered Points out of P Flag question Why have systems simi

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Question 27 Not yet answered Points out of P Flag question Why have systems similar to New Zealand's "individual transfer quota" system NOT been able to protect all animal life that is in danger of being overexploited? Select one: 0 a. None of these answers is correct. b. Property rights are difficult to establish in animals that migrate over borders. c. Other countries do not have the backing of their governments the way that New Zealand does, d. At present the tuna fish is not the only fish in danger of being overfished O o Question 28 Notyet answered Points ou of P Rag question When the federal i government provided a subsidy to first-time homebuyers, we expect that it helped first -time homebuyers and home sellers. Select one: O True O False Question 29 tyer anwered Points out of r Flag question (This question refers to the MRU video Maximizing Profit and the Average Cost Curve'j A marginal cost curve is generally Select one a. upward-sloping, because costs rise at an increasing rate, b.vertical at the market quantity O horizontal at the market price d. downward-sloping because costs fall at a decreasing rate 8 0

Explanation / Answer

New zealand's individual transfer quota system works by limiting the amount of fish that each individual fisherman can fish. But other systems similar to this one is unable to protect all animal life that is in danger of being overexploited, because it is not easy to set property rights for animals that migrate over borders.

Answer- option B

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