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:
- When policies and laws are set at the state or local level, citizens are better enabled to develop the skills, habits, and dispositions necessary for responsible participation in democratic self-government.
- When states maintain a certain amount of autonomy and independence, they are better able to check the power of the central government and thereby preserve liberty.
Explanation:
Government authority is a synonym for power. It is the basis of any kind of hierarchical organization, especially in the political system. It is a kind of power that is continued over time, stabilized and can be characterized as institutionalized or not, in which subordinates render obedience to the individual or institution holding the authority.
Many people advocate government authority in the larger state sphere, meaning they believe it is right that there is less national government authority. For these people, this would be correct because:
- When policies and laws are set at the state or local level, citizens are better enabled to develop the skills, habits, and dispositions necessary for responsible participation in democratic self-government.
- When states maintain a certain amount of autonomy and independence, they are better able to check the power of the central government and thereby preserve liberty.
Answer:c. providing a basis for compromise.
Explanation:Providing a basis for compromise refers to when two parties in dispute agrees on resolving their issues without actual involving court trial. This means the person who has wronged the other party agrees to their suggestions of how they should compensate them and there is no argument about how the issue should be settled.
Is a part of epistemology<span> that attempts to understand the justification of </span>propositions<span> & </span><span>beliefs</span>
Islam, Christianity, and Judaism are all monotheistic religions.
This means that each of these three religions only believes in one God, also known as Yahweh and Allah.
This differs from religions like Hinduism, which is polytheistic. Polytheistic religions believe in many Gods.
Christianity and Judaism are similar in that Christianity is a branch from the tree that is Judaism. Jesus and his apostles were all Jewish. They differed in that they believed Jesus to be the Messiah while Jewish people do not recognize Jesus at the Messiah and are still waiting for the Messiah to come.