Question

1) When I rake leaves at my home, I not only have to rake leaves that fall from trees located on my property but also those from my next door eighbors that the wind blows over. But, since I own my home, having to rake up my neighbor's leaves doesn't reduce my property rights,it only causes more of a hassle. True/False. Comment

2) t. What is nonsensical about the proposition: "A good economic system maximizes the welfare of the maximum number of people?"

3) , Bus stations large dog parks, hospices and golf courses are ofen no longer found in the middle of big cities, such as Vancouver, even though thats where the people live whio would most want to se these facilities Instead these have been replaced by homes, apartment buildines and industrial centers Why would this be?

Answer 1

Ans. 1) True , This does not reduce the property right in any sense because falling of Leaves is a natural event and have nothing to do with the Property Rights. This is only more of an extra burden or a hassle.

2) This statement is non sensical because there is consensus on what Social Welfare is , In an economic system , Decisions are taken on Cost Benefit analysis . A thing which is helpful for poor may not be in welfare of rich. Hence this statement is nonsensical.

3) This is because , The middle of every city is designed to attract more and more tourists and thus middle of the city is made more attractive , best infrastructure is build in the middle whereas , activities like Golf , Bus terminal etc are located in suburbs as a part of Proper city Planning.

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