1) What is sustainability? Name a few factors or forces that can lead to unsustainable market outcomes. Explain your ans

[answerhappygod]

1)
What is sustainability? Name a few factors or forces that can
lead to unsustainable market outcomes. Explain your answer with
appropriate examples. Why do you think strong property right is
vital for efficient market operation? What are the different
regimes arising from various level of property right provisions? In
the light of your asnwer so far, explanin the concept of ‘tragedy
of the commons’ with an apprropriate example. (max 500)