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 midlatitude cyclone has passed to the north of the location.
Explanation:
Midlatitude cyclones (extratropical cyclones) are low pressure systems outside of the tropics. Air in the cyclone moves counterclockwise around a low pressure center.
Cyclones move eastward in the Northern Hemisphere carried by prevailing winds.
Cyclones last several days to a week.
It is depicted as an "L" on the weather map, cyclones bring rain and wind to an area.
Cyclones are fueled by the temperature differences (hence pressure gradients) that exist along frontal boundaries. They are usually strongest during cold months when temperature differences between air masses can be most extreme.
Answer:
The cultures people create.
Explanation:
they help see that not one branch has too much power
