Answer:
d. Many firms are working together to eliminate pollution
Explanation:
Coase theorem is a private solution for the two parties who agree to reduce externalities, i.e., pollution. They negotiate in such a manner that the costs are low as one party takes over other party's polluted assets to reduce pollution. When there are more parties or firms involved to eliminate pollution, it will pose high transaction costs. Therefore, the Coase theorem will not work in that case. So, the option "D" is the correct choice.
Answer:
her business plan document
Explanation:
A crucial criteria to receive funding from banks is to have a detailed business plan document.
This document would explain Mercy' mobile bakery business:
1. financial needs and viability,
2. marketing strategy,
3. Competitor analysis,
4. Service process etc
The bank has the responsibility of analysing this document and then making a decision whether to grant her funds.
Answer:
general partnership
Explanation:
General partnership -
It refers to the management of a particular business , by two or more partners in a predefined manner , where the profit is shares equally amongst the partners , is referred to as general partnership .
The decision about the business is taken along with all the partners ,like the financial decisions.
Any loss or profit is shares equally amongst all .
Hence , from the given scenario of the question ,
Sandra and Clara enters into a general partnership .
After all resulting adjustments have been completed, the new equilibrium price will less than the initial price and output. The same will happen to the industry output. In each situation in which <span>an increase in product demand occurs in a decreasing-cost industry the result is: </span>the new long-run equilibrium price is lower than the original long-run equilibrium price.
The answer would be C worker strikes due to cultural differences
