Answer: A. When the number of interested parties is large and bargaining costs are high.
Explanation:
The Coase Theorem is a legal and economical theory used to describe competitive markets. When the competitive markets are high, bargaining costs are high because each company is is fighting for use of the production and distribution channels. There are efficient input and output levels in a competitive market.
Answer:
c. Not accrued Disclosed.
Explanation:
The management has estimated the loss contingency of lawsuit as reasonably possible. The Contingent liability is reasonably possible then it will be disclosed in the Notes to Financial Statements and not accrued in Balance sheet. If the contingent liability is probable then the accrual needs to be made in the Balance Sheet.
Answer:
Critical thinking is the analysis of facts to form a judgment. The subject is complex, and several different definitions exist, which generally include the rational, skeptical, unbiased analysis, or evaluation of factual evidence.
Explanation:
i just know
Answer:
Situations in which one firm acts and other firms respond.
Explanation:
Sequential game refers to a game in a game theory in which one person or firm acts and other person or firm respond to this action. In this type of game, if there are two firms then one of the firm have to act first which means that second firm have some of the information about the first firm before acting.
Otherwise, there will be no significance of difference in time on the strategic effect.
Answer:
The correct answer is The minority decision theory.
Explanation:
In this case, a meeting should be held in order to consider the opinions of the people potentially involved in the new project, since they know aspects of the work and can give better feedback to the management of the company. Considering that only half of the workforce is working, the decision they make will be a minority one, since it only includes a part of the employees who must decide for everyone in general.
