Which of the following statements best describes property rights?
A. They give owners exclusive legal claims and rights to benefit from developed goods and services
B.They give producers the right to sell goods or services at a price of their own choosing.
C. They refer only to real estate transactions where businesses sell to producers or consumers
D. They refer to financial gain or benefit resulting from exchanges or investments in the economy.
1 answer
A. They give owners exclusive legal claims and rights to benefit from developed goods and services.