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:
Mercantilism is a policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, tariffs and subsidies on traded goods to achieve that goal. These policies aim to reduce a possible current account deficit or reach a current account surplus.
Explanation:
The phenomenon where many elderly people lose knowledge and forget memories that are not commonly recalled is a transience phenomenon.
<h3>What is a transience phenomenon in psychology?</h3>
Transience is the gradual deterioration of memory retrieval and access.
Transience, one of the "7 sins of memory," develops naturally with aging but can also develop severely as a result of brain damage. Both short-term and long-term memory are affected.
The flaws in memory are both fascinating and significant. They can be broken down into seven basic offenses, or "sins,"
Transience is the gradual deterioration of memory access. Aging is a natural process of transience, yet certain factors can hasten it. Transience may result from traumatic brain injury or hippocampal damage.
Transience may also be brought on by some diseases, such as Alzheimer's or dementia. Furthermore, both brief and long-term loneliness in older persons were strongly associated with diminished cognitive function.
Therefore, "transience" is the correct answer.
Check out the link below to learn about the transience phenomenon;
brainly.com/question/14235600
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Answer:
Northrup thinks freeman is a good man
Explanation:
amiable
[ˈāmēəb(ə)l]
ADJECTIVE
having or displaying a friendly and pleasant manner.
"an amiable, unassuming fellow"