Answer:
Explanation:
Theorem Utilization: Coase Theorem has been created to take care of the issue of market disappointment. Market disappointment exists where value component doesn't convey productive outcome.
Example : For instance, dairy cattle of Rancher wandered into close to field. this is a sort of negative externalities. On the off chance that property right is given to rancher, at that point he can sue Rancher for making harm crop. Yet, there is no privilege to rancher, it suggests that privilege has been given to farmer. Presently here rancher will attempt to repay Rancher to lessen the size of his cows group.
Three necessary conditions:
- The rights of property should be well defined.
- The rights of property should be transferable.
- The cost of transaction must be sufficiently small.
It doesn't make a difference whom property right is given, there will be effective results. Coase hypothesis bombs where haggling cost rises or free rider issues are seen.
The opportunity cost of 1 desktop computer is 1/2 of a laptop. The opportunity cost is the amount of time and money spent learning value that could have been used elsewhere.
A farmer decides to plant wheat; the opportunity cost is the value of planting a different crop or using the resources in another way (land and farm equipment). Instead of driving to work, a commuter takes the train.
When considering multiple investments or business avenues, opportunity cost is the potential gain lost by choosing a different course of action. The value of what you lose when you choose between two or more alternatives is known as opportunity cost.
To learn more about opportunity cost, click here.
brainly.com/question/13036997
#SPJ4
✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎ .............
During globalization 1.0 all important business functions were located in the home country, whereas during globalization 2.0 multinationals began to copy themselves <u>in a few key countries.</u>
<u />
Globalization is a time period used to explain how change and era have made the arena into a more connected and interdependent location. Globalization additionally captures in its scope the economic and social adjustments which have come approximately as a result
Multinational businesses are a tangible instance of globalization. a few examples include the subsequent: McDonald's had 39,198 rapid-food eating places in 119 nations and territories, consistent with its Securities and alternate commission filing on the cease of 2020.
Learn more about globalization here: brainly.com/question/200850
#SPJ4
The answer will be B. It increased
