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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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Why is it called a Sancho?
lina2011 [118]

A male sleeping with a married woman or a woman in a committed relationship is referred to as a "Sancho." The Sancho is an urban legend, and nobody actually knows when or when the phrase first began to be used in this way.

In the 14th century, the first Portuguese dynasty kings frequently went by the name "Sancho." However, it refers to a man who creeps around another man's wife when he is not there when it is used in a lighter setting as a moniker for someone.

It's the same as the idiom "sleeping with the gardener" or "pool boy." Sancho became a scapegoat for the wife's lover since immigrants would frequently hold these positions in houses in Texas and California.

To learn more about Sancho

brainly.com/question/15805365

#SPJ4

8 0
1 year ago
Trevor is a habitual criminal offender. he has committed dozens of robberies and hundreds of burglaries, and has stolen approxim
jek_recluse [69]

This research states that incarceration doesn't reform a criminal. He has spent almost half his life in prison but the time there didn't reform him, he continues to commit crimes. He is probably never going to be a law-abiding citizen by now, if he most likely hasn't finished high school, never had a real job nor could get one with his prison record.

The research doesn't explain neither why he started committing crimes, if it was because he has some form of mental illness, or perhaps because of a poor upbring and background, the lack of hard-working role models. If the reasons of why he started committing crimes were treated, maybe he would stop doing so.

6 0
4 years ago
Which is the BEST example of checks and balances?
Delicious77 [7]
Most likely D...but that's just a guess, Hope I helped :3
6 0
4 years ago
Read 2 more answers
The constitutionally established guarantees that protect opinions and property against arbitrary government interference are kno
meriva

Answer:

Liberties;

Rights

Explanation:

Civil liberties

This are clearly defined as the rights belongs to all individuals. They are set up to protect the common man against government and backed up by the constitution, legislation, and judicial decisions.

Civil rights

This on the other hand is simply known and refered to as the positive acts of government set up to prevent discrimination and give an equal protection under the laws.

Features of Civil Liberties

1. Freedoms

2. Bill of rights

3. Protection from government

4. Government cannot reduce or limit them

Features of Civil Rights

1. Equality (gender, religion)

2. Protection by the government

3. Government is guaranteed to protect an individual from other people

3. Established through legislation or court cases.

5 0
3 years ago
HELP I WILL GIVE BRAINLEST IF YOU GIVE CORRECT ANSWER I BEEN BEGGING ALL DAY NO ONE EVER GAVE ME A ANSWER I AM WASITING MY POINT
creativ13 [48]

Answer:

5. B, E & D

6. Federal

7. State

8. Federal

9. One of the biggest issues with the Electoral College is the fact that winner takes all. A candidate, for instance, could win the majority of the popular vote, but lose according to the Electoral College. This has happened quite a few times in the past

Hope this helps! (❁´◡`❁)

3 0
3 years ago
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