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:
A) Bright lights will keep more students awake in class than dimmer lights.
Explanation:
Professor Boredom's hypothesis in this example is that<em> bright lights will keep more students awake in class than dimmer lights</em>. In this example, Professor Boredom is blaming sleepy students on lights. Lights are the independent variable that he can manipulate to find the number of sleepy students. The number of "sleepy students after the lecture" is according to Professor Boredom, the dependent variable that responds to the independent variable the "amount of light".
The correct answer is C. She can deceive her participants as long as she reveals the true nature of the study at its conclusion.
Explanation:
If the research involves human subjects, there are different ethical principles the researcher should follow to guarantee voluntary participation and the protection of participants and information. One of these principles is to be completely honest about the purpose of the research and the way participants will be part of it.
However, if revealing the purpose of the research can affect participation and create bias in the research, as it occurs in the case presented, the researcher can deceive participants during the research and reveal the purpose or nature of the research at the end. In this way, the researcher is still following ethical principles but avoids bias from participants. Thus, in the case presented Dr. Ethridge "can deceive her participants as long as she reveals the true nature of the study at its conclusion" (Option C).
The British wanted to control South Africa because it was one of the trade routes to India