Answer:
TRUE
Explanation:
The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.
The Coase Theorem also states that when conflicting property rights occur, bargaining between the parties involved will lead to an efficient outcome regardless of which party is ultimately awarded the property rights, as long as the transaction costs associated with bargaining are negligible. If trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.
Answer:
i think it would be england
Hey there,
Answer:
Van Helmont - He concluded that trees gain most of their mass by absorbing water
Priestley- He found out that plants release oxygen
Ingenhousz- He concluded that plants needs sunlight to produce oxygen.
Hope this helps :D
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legislative ,executive and judicial
