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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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Power is balanced between each branch of government through "separation of powers” in a
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Answer:

A. presidential democracy

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3 years ago
Physical anthropologists have discovered what about vocalization in chimp groups?
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Physical anthropologists have discovered what about vocalization in chimp groups It is unique to specific groups or regions.

Like other animals, primates use communication to meet their biological and social needs, which include fending off predators, interacting with other group members, and preserving group cohesion while moving across the environment.

They accomplish this by using a variety of signals, many of which have directly developed as ritualized abridgements of more fundamental physiological or behavioral processes.

For instance, during disputes, chimpanzees may exhibit pilo-erection (bristling of the hair), which gives them the appearance of being bigger and more menacing and indicates their propensity to escalate (van Hooff 1973).

Thus, communication signals have developed to some extent in order to influence recipients mentally (Guilford & Dawkins 1991).

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5 0
2 years ago
1 Point
Elenna [48]

Gleick is thankful to Gutenberg for inventing the printing press.  

Explanation:

Johannes Gutenberg (1398–1468), the inventor of typology through type. He was a resident of Mainz in Wejermani. He created the printing press in 1739, which is considered a great invention. He also created a movable type. The Bible printed by him is famous as Gutenberg Bible. Around 1439 AD, Strasbourg tested its printing invention.

Thus the first printed book is 'Constan Missal' which was published around 1450. Only three copies are available. One is in Munich (Germany) the other in Zurich (Switzerland) and the third in New York. In addition, a Bible was also printed by Gutenberg.

5 0
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Answer: I believe it it is c

Explanation:

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laws of the Constitution.

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