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.
conserving natural vegetation will maintain the balance in our ecosystems.
Answer: Your Welcome
Explanation:
the Continental Congress sent the Articles to the states, which approved the new government in March 1781. To unify the 13 colonies, the Articles never made a largely decentralized government that vested most power in the states and in the national legislature.
Answer:
C
Explanation:
Both the magnitude (or severity) and the probability (or likelihood) of harm.
