This is not a writing assignment, this is a multiple-choice question Of the following, in which case have the incentives been correctly placed to produced the desired results? Group of answer choices To protect the beautiful beach it is made communal property that belongs to everyone, together, and to no one individually. Each person using the beach thinks that the beach belongs to him/her, but when leaving the beach leaves his/her trash around for someone else to pick up, because the beach really belongs to everyone. Rent control forces the price of apartments below the market rate to make apartments more affordable, but has no income restriction requiring the lower priced apartments to be rented out to low income people. Rent control always results in shortage. Landlords prefer to rent out their few available apartments to people with assured income and small families. A piece of communal property is parceled out to many families, and each family receives a plot in which to create their own kitchen garden. They may enrich the soil or not, as they choose, but the harvest of crops is for them to keep. If they take good care of the soil on their parcel they get a good harvest. With objective of preserving fish life in a body of water, the government restricts the number of days in a month that fishermen may catch fish in that area. Fishermen now start fishing earlier each day, and fish for longer each day. Their daily catch is twice what used be before the law was passed. Their total monthly catch remains the same as before the restriction.
This is not a writing assignment, this is a multiple-choice question
Of the following, in which case have the incentives been correctly placed to produced the desired results?
Group of answer choices
To protect the beautiful beach it is made communal property that belongs to everyone, together, and to no one individually. Each person using the beach thinks that the beach belongs to him/her, but when leaving the beach leaves his/her trash around for someone else to pick up, because the beach really belongs to everyone.
Rent control forces the price of apartments below the market rate to make apartments more affordable, but has no income restriction requiring the lower priced apartments to be rented out to low income people. Rent control always results in shortage. Landlords prefer to rent out their few available apartments to people with assured income and small families.
A piece of communal property is parceled out to many families, and each family receives a plot in which to create their own kitchen garden. They may enrich the soil or not, as they choose, but the harvest of crops is for them to keep. If they take good care of the soil on their parcel they get a good harvest.
With objective of preserving fish life in a body of water, the government restricts the number of days in a month that fishermen may catch fish in that area. Fishermen now start fishing earlier each day, and fish for longer each day. Their daily catch is twice what used be before the law was passed. Their total monthly catch remains the same as before the restriction.
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