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:
I, II, and III.
Explanation:
Market efficiency demonstrates that prices mirror the entire information regarding a specific market or stock which is accessible at a given point of time. There are certain important characteristics of an efficient market which include a number of participants, uniformity in products, etc. As per the options, all the three options could be characterized as the important characteristics of market efficiency which are as follows:
I). 'There are no arbitrage opportunities' as there is complete awareness among the consumers regarding the availability of products and its prices.
II). 'Security prices react quickly to new information' as there is a consensus value of a product set by all the customers and sellers after assessing its value.
III). 'Active trading strategies will consistently outperform passive strategies' as there is perfect competition and therefore, there is a liberty to enter and exit the market at any point in time.
That statement is true.
In order to start a political revolution, convincing others to supporting a same goal/issues is extremely important.
In the past, many artists brought up a lot of social issues during their plays that people watch on the theatre (even until now, hollywood movies still follow the same approach)
The answer is a because it stands for communication
