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Gala2k [10]
3 years ago
11

What is the Coase Theorem? Please explain why it was developed and what are the key elements of the theorem

Social Studies
1 answer:
inessss [21]3 years ago
6 0

The Coase Theorem says that, in an economic transaction with externalities, if property rights are well defined and if the transaction costs are low enough, then the private solution is socially optimal, with no need for government intervention to correct the situation externality, which is a market failure. The government's only role would be to ensure that property rights are well defined and that free trade flows without transaction costs.

Coase's theorem, shows how the role of institutions, especially legal ones, are important for the proper functioning of the market economy.

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Imagine that at work, you hear someone make an insensitive comment about another co-worker's religious beliefs. How should you r
goldfiish [28.3K]

Answer:

Explanation:

First of all i will tell the person to come to me after work  so that i will not embarrass him in front of our co-workers.then after work when he comes to me i will talk to him about how its unfair to make such a comment for someone   religious belief cause just because the persons belief is different from yours that doesn't you should do something like that. he entitled to his own and your entitled to yours .so as conclusion after that i will tell him to not do it  again. and apologize to whoever he made a rude comment about his religious beliefs .

hope this helps.  

7 0
3 years ago
Who does nathan radley blame for trespassing on his property? what does the response of his neighbors suggest about racial tensi
Ede4ka [16]

In Chapter 6 of  "To Kill a Mocking Bird" by Harper Lee,  Nathan Radley blames a black man for trespassing on his property on a summer night. He is quick to accuse the black man of doing such action, when in fact it was Jem Finch who committed the act of trespassing.

This situation shows how when a crime is committed in Maycomb county, the whole community will be quick to believe the worst of black people, but will not actually stop to asses the situation with caution and justice. In the book, the situation is turned into a joke, when Miss Stephanie declares that the shot "scared him pale". Nobody is taking the situation as a serious one because they all assume that what Nathan Radley is saying is true, because the accused is a black person.

3 0
3 years ago
Mrs. Jones is a 67 year old female who was placed on the diuretic Lasix about 8 months ago. She now complains of weakness and sh
bagirrra123 [75]

Answer:

hypokalemia

Explanation:

Furosemide (Lasix diuretics) is a potent diuretic that if administered in excessive amounts, can produce deep diuresis with loss of water and electrolytes. Excessive diuresis can cause hypokalemia, which causes the muscles to weaken, experience cramping or shaking and also lead to arrhythmias.

The factors that led to this conclusion were, among others, the supply of this medicine, the patient's symptoms and the poor diet she was carrying. The recommendation is to have a diet rich in potassium (foods such as bananas, raisins, plums, pears, etc.) and if required, the provision of oral potassium supplements.

3 0
3 years ago
What types of conflict existed between the Roman Empire and early Christians? Select all that apply.
VLD [36.1K]

Explanation:

Roman believe in many gods, while early Christian believed in only one God

7 0
3 years ago
Which is an example of someone responding from a sociological perspective?
Genrish500 [490]
An example would be something along the lines of: " Andrea says that 25% of all households are in possession of a pet". Sociological perspective, simply put is the hypothesis or an assumption that are made about the various societies. Sociology is no mere speculation as it is based on the extensive amount of data and the studies of the complex relationships that exist in every society, both present and the past. 
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3 years ago
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