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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.

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In the ________ view of leadership, the leader is the key force in determining the success of an organization.
marta [7]

In the romantic view of leadership, the leader is the key force is determining the success of an organization.

An organization or organization is an entity, such as a company, institution, or association, made up of one or more people and having a specific purpose. The word comes from the Greek word organon, which means tool or instrument, instrument or organ.

An organization is a group of people working together, such as a neighborhood association, charity, association, or business. The word organization can be used to refer to a group or corporation or the act of forming or establishing something.

An organization is an official group of people such as a political party, business, charity or club.

Learn more about organization here:brainly.com/question/19334871
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7 0
1 year ago
Why are class averages taken into consideration when evaluating hypotheses?
strojnjashka [21]

In general, when a hypothesis is evaluated from a statistical point of view, it takes into consideration the measures of central tendency, within which the mean or average, its variances and standard deviations (variations, within a normal distribution, which is known as "bell of Gauss"), is the central value resulting from the sum of all measurements, between the number of subjects measured, either in the population, or in a sample of this population.  

Although the variables, according to the theory of Stevens (1946), to be measured can be nominal, ordinal, interval or proportion, traditionally, it is consider that the most objective is the interval and proportion, since they are numerical and quantitative, and the hypothesis tests that can be applied are, therefore, "robust" that is, they give numerical results, which are always more objective or "hard" (not subject to subjective or personal interpretation)  

There are other measures of central tendency that can also be taken into consideration when testing the hypothesis, for example, the median; however, unlike the average, it implies that the population under study does not show a "normal" behavior, but that there is a positive or negative trend (the curve is not a perfect bell but has a "hump" on the left or right, where most of the results of the evaluated subjects are group, but not all are there as they extend along one extreme or another) in which case, the average of all the measurements, is different by values extremes. A normal distribution will ideally have a similar average, mode or median, all convergent in the middle of the bell.  

Taking up your question: "... Why are class averages ..." - Interpreting your question as the average grades obtained in a course X in a classroom Y with, for example n = 30 students, are considered when evaluating different hypotheses it is because habitually, such grades are awarded in numbers (for example 0.0 to 10.0) and a room with 30 students, probably, can be considered as "a statistically significant sample". Both aspects: quantitative variable (measured in terms of the average of each student) and significant and representative sample (n = 30, enough students to transpose the results to all students in that course), are two desirable aspects of making statistical inferences and tests whether a given hypothesis is true (working hypothesis) or false (null hypothesis), so many researchers might find useful to use these results and scenario.  

Though, in general terms "class" can be any variable measured in any population, so clarification would be useful, to give you a more detailed answer.

For more detail, I suggest you review the bibliography referred below, to understand more the measures of central tendency, and gently suggest you be a little more specific in your question (what means for you "class averages")  Greetings!

Words:465

Keywords: measures of central tendency, hypothesis testing, type of variables

Reference: Warner, R. M. (2012). Applied statistics from bivariate through multivariate techniques (2nd ed.). Thousand Oaks, CA: Sage Publications.

3 0
3 years ago
Compare and contrast the colonial and British perceptions of the Boston Massacre and Revere’s engraving.
aksik [14]
To the British, they're simply keeping the Americans in their place, and doing as they were told. They're keeping the people in check, and using lethal weaponry was enabled.

To the Americans, this was a sign of tyranny, of an unjust king who was using power to keep his subjects in line, and killing those who did not follow through with his ideals. 

The difference in perspective is the ones being ruled hate being ruled over, and the ones ruling are simply exercising their power to keep the plebeians in check.
8 0
3 years ago
What is the primary benefit of creating a product family or aggregated forecast?
NNADVOKAT [17]

The primary benefit of creating a product family or aggregated​ forecast is to minimize forecast errors,

<h3>What is an aggregated​ forecast?</h3>

This refers to the sales forecast for a group of products or customers. It could also be a forecast of all the products within a family, all customers in a given region for the sales, or the total forecast for the year or budgetary period.

In general, the aggregate forecasts are usually more accurate as they tend to have a smaller standard deviation of error relative to the mean.

Therefore, the primary benefit of creating a product family or aggregated​ forecast is to minimize forecast errors.

Read more about aggregated​ forecast

brainly.com/question/13195929

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5 0
1 year ago
Careful measurements reveal that a star maintains a steady apparent brightness at most times, except that at precise intervals o
Bess [88]

Answer: 2

The star is a member of a binary eclipsing star system.

Explanation:

Eclipsing binaries are the main source of determining a star's mass. A binary star system is essentially a system where two stars are orbiting around a common centre of mass. Eclipsing stars are studied by measuring their the changes in their brightness over a specified period of time. Light curves are graphical representation of the variations in stars over a given period of time.

7 0
3 years ago
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