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>
There are numerous physical and human characteristics of Paramus, New Jersey. This place is called a borough instead of a city. The borough was first incorporated in 1922. The borough was firs settled by the Native Americans from the Lenape tribe.
The physical characteristics of the borough are;
- The elevation is 49 feet
- The total area of land is 10.470 sq mi
- The total area of water is 0.050 sq mi
The human characteristics of the borough are;
- The population, as of 2018,is an estimated 26,558
- There are 8,630 households per the last census
- There are 5 major indoor shopping centers in the borough
- There is no sales tax on clothing and shoes
- There are two parks in the county
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The reason that Ron Finley makes the statement is because he has been involved in improving his community, working through his nonprofit foundations.
Finley's statement and community work exemplify the <em>seven principles in Maulana Karenga's "Nguzo Saba"</em> in the following ways:
- For a start, the principles of Nguzo Saba (Swahili) enumerate the values of African culture. These principles were enunciated by Professor Maulana Karenga as part of her contribution to the building and reinforcement of community culture among African-Americans.
- <u>Unity: </u>The first principle of Nguzo Saba shows that in unity a community survives. Ownership of property is not to be regarded as exclusive to the individual owner's use, just as Finley was able to freely donate his garden for education.
- <u>Self-determination: </u> Finley recognizes that to change the community, determination is required.
- <u>Collective Work: </u> Finley believes that the work of changing the community does not belong to one person. It is a collective responsibility.
- <u>Cooperative economics:</u> Finley, like Maulana, believes that profitability should be shared in the community.
- <u>Purpose:</u> Finley believes in total transformation, of the individual and the community. That was why he allowed his garden to become a tool for transformation. Everybody must work for a purpose.
- <u>Creativity:</u> To make change happen, we should think outside the box by changing the composition of the soil.
- <u>Faith:</u> Nothing can be achieved without faith. Ron Finley agrees with the Professor.
Thus, the garden, our society, our community needs transformation. This must be done with collective efforts.
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Because they handle prescriptions, pharmacy technician are regarded as having a high chance of making drug mistakes.
A pharmacy technician helps a pharmacist prepare customers' prescription prescriptions. He or she can be tasked for processing phone, electronic, or written prescription requests for the doctor's office.
Depending on state regulations, a pharmacy technician may mix or compound pharmaceuticals and obtain medical approval for refills. When there are any shortages, technicians inform the pharmacist and manage the drug inventory.
Despite the fact that both pharmacy technicians and pharmacy aides (also known as pharmacy assistants) support pharmacists and are under their supervision, they are not the same thing. A tech assists the pharmacist in filling prescriptions, whereas an assistant generally performs secretarial work. However, their jobs do overlap.
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They were running out of supplies and the u.s. and europe were allies. europe badly needed more soldiers because there were lots of battles on european grounds.