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kobusy [5.1K]
2 years ago
9

Suppose Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weeken

d parties. The parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights.This is an example of a(n) _____(A) External cost(B) Positive externality(C) Neither
Social Studies
1 answer:
stepladder [879]2 years ago
7 0

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>

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Answer:

Explanation:

During the subsequent four decades, South Korea experienced tremendous economic, political and military growth, and significantly reduced U.S. dependency. South Korea also has a long military alliance with the United States, aiding the U.S. in every war since Vietnam, and most recently during the Iraq War.

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natta225 [31]
He is in the precontemplation stage of the transtheoretical model,where he shows no intention of changing their behavior, and does not see an behavior as a problem when asked.

This matched his case that he does not believe he will get a lung cancer from smoking cigarettes(does not see the behavior as an problem) and does not want to quit smoking(no intention of changing the behavior).

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3 years ago
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Hamilton wants to become a major political power

<u>EXPLANATION</u><u>:</u>

Hamilton required a different national government that had absolute political power.

He condemned state governments and believed that they should be dismissed entirely. In fact, First, Hamilton says that life securities free judges from administrative stress that comes from the government or official.

This allows judges to guard against communist laws. Anti-federalists considered in a strict version of the US Constitution.

People believed that the middle government should be small and restricted to only the rules expressly provided in the Constitution.

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Answer:

C

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