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.
The answer should be C but please tell me what the last answe was.
The answer has to 4 it makes since
Answer:
Utah
Explanation:
As Central Pacific laid tracks eastward, Union Pacific was working westward and the race to Promontory Summit, Utah, where they would eventually meet on May 10, 1869, was on.
