1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Morgarella [4.7K]
3 years ago
8

The Coase theorem states that:________.

Social Studies
1 answer:
Nitella [24]3 years ago
3 0

Answer:

d. in the case of trivial or zero transaction costs, the property rights assignment does not matter to the resource-allocative outcome.

Explanation:

The Coase Theorem states a solution to Externalities problem. The theorem states that if externality effects are trade-able at low transaction costs, bargaining will establish optimal output, irrespective of which party has property rights.

Eg : Wind Turbines generate noise negative externality. However, noise spectrum has no property rights definition. The spectrum considered anybody's property right (turbine owners or public). It would lead to establishment of optimal output

  • Continued turbine operation : if benefit value > noise harm by it
  • Inefficient turbine operation (discouraged) : if benefit value < noise harm by it

The optimality decision would stay same, based on above norms. It would be irrespective of noise spectrum property rights ownership (by turbine owners or public), if transaction costs are low.

You might be interested in
Which traits describe both Homo sapiens and Neanderthals? Select the three correct answers.
Nikolay [14]

Answer:

B. They hunted animals.

D. They made tools.

E.  They used fire.

Explanation:

The man Homo neanderthalensis or Neanderthals is a species of the genus Homo that lived approximately 250,000 ago. They walked upright, their thorax was wide and their limbs short. They lived in small groups and had a nomadic lifestyle. They were omnivorous and hunted all kinds in the earth and water dams, and made use of fire to cook some food, mainly vegetables. In several excavations, the tools they used were found; for example, tools made of flint. (Stones composed mainly of silica).

Homo sapiens or wise man, is what we commonly call "men." Like Neanderthals, we belong to the genus Homo. <em>The oldest remains found are 315,000 years ago</em>. Our species began as a hunter and nomad, composed of small groups where tasks such as hunting or gathering were divided. Like the Neanderthals, man created tools made of stone that allowed him to hunt.

There is evidence that both species, homo sapiens and homo neanderthalensis, interacted for many years and even procreated between both species. This due to the similarities between both species.

<em>I hope this information can help you.</em>

6 0
3 years ago
Read 2 more answers
Why does attending college involve an opportunity cost?
Mrrafil [7]
There is a cost of attending a college. The money and time that you spend on your education is an opportunity cost. You could the same amount of money and time for something else. What else could you do? What kind of lifestyle could you choose? What carrier would you have? All of these questions bear the concept of opportunity cost in this context. 
4 0
3 years ago
The first step in the Theory of Constraints is to:_____.
Jlenok [28]
Its d because

Step by step Explanation
5 0
2 years ago
How is an exercise tax different from a sales tax ?
Hoochie [10]

Exercise taxes are custom, but sales taxes are required.

5 0
3 years ago
Read 2 more answers
How do we show respect to our self to others and environment?
Temka [501]

Answer:

Respect others.

Be quick to forgive others.

Be friendly to everyone you meet. Friendly people are never miserable people.

Hang around encouraging people who are doing positive things.

Don’t lie. When you continually tell the truth, you give yourself the priceless gift of a clear conscience.

Make good decisions.

Hope it helps you

5 0
3 years ago
Read 2 more answers
Other questions:
  • The hormonal changes associated with cessation of menstruation increase the risk of ____________ among women with eating disorde
    5·1 answer
  • What became the scottsboro boys?
    6·1 answer
  • Describe your long-term academic and professional goals, and how participation in the SULI program could develop or expand skill
    11·2 answers
  • Banks perform all EXCEPT which of the following services?
    10·1 answer
  • Read the following two sentences. (1) Gre eng rass gr ow son themoun tain. (2) Green g explain why the second sentence makes sen
    6·1 answer
  • All presidents have been white men.<br><br> Question 15 options:<br> True<br> False
    12·2 answers
  • ¿Qué importancia tiene la ciencia y la tecnología en tu calidad de vida?
    10·1 answer
  • Who ia the first president in Ghana​
    12·1 answer
  • Which of these officials holds the highest position on the Supreme Court?
    13·1 answer
  • How can governments and scientists be benefited through learning and practicing community and perspectives on disaster risk redu
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!