Protect your valuables in case something drastic happens. For instance, one of my neighbors died unexpectedly at 51. Because he had a large life insurance claim, the family is okay financially.
I think the lady in the sky who seems to be an angel or woman of significance is looking over and guiding the town under here. I think this because she appears to be calm and a emphasized character ( her glowing and white appearance means she important )
Answer:
The given situation is an example of an<u> (A) External cost</u>
Explanation:
The Coase theorem is a theorem of economics and law, which states that in presence of an externality, if trade is possible and the transaction costs are low then the bargaining will result in a Pareto efficient outcome, despite of the property's initial allocation.
Therefore, this theorem describes the economic efficiency of an economic outcome in the presence of externalities.
As given, the parties in the college fraternity party is a negative externality as it can impose an external cost to the third party.
<u>Therefore, this is an example of an external cost. </u>
It might be said that the speaker´s credibility is important to make the speech or sermon persuasive. he had helped to bring religious revival known as the Great Awakening. his sermons accused members of the church by name of being sinners. he was known for his extremism as a pastor.
