Answer:
The correct answer is letter "B": property rights must be clearly assigned to the parties involved in the dispute.
Explanation:
Named after British lawyer and economist Ronald Coase (<em>1910-2013</em>) the Coase Theorem states when there are competitive markets and no transaction costs bargaining will lead to an efficient and mutually beneficial outcome. The theorem affirms that when property rights are defined and divided, parties will gravitate to the most efficient and beneficial outcome.
Answer:
falling unemployment and rising inflation.
Explanation:
Stagflation means that both the inflation and unemployment rate are rising. Before the 1970s, classical economists stated that an inverse relationship existed between the inflation rate and the unemployment rate. This means that when the inflation rate was increasing, the unemployment rate should be decreasing. But reality does not follow theoretical rules.
purchased goods for Rs 10000 and paid Rs 4000 in cash. The balance amount is paid through cheque after receiving discount Rs 500.
Total balance is 500
In economics, a good is anything that satisfies a person's needs and provides utility, such to a customer buying a satisfying product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished. When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.
A consumer good, often known as a "ultimate good,"
Learn more about good here
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Answer:
$21,767.50
Explanation:
<u>Computation table:</u>
<u>Particular Amount</u>
Sales $50,000
Less: Costs $23,000
<u>Less: Depreciation $2,250</u>
<u>EBIT $24,750</u>
<u>Less: Interest $2,000.
</u>
<u>EBT $22,750</u>
<u>Less: Tax (23%) $5,232.50
</u>
<u>Net Income $17,517.50</u>
$24,750 + 2,250 -5,232.50
$21,767.50
NOTE: Your question isn't clear, Johnson. Would you mind checking it and writing it in a way you can be better helped?
Meanwhile, I hope these explanation below helps.
Answer and Explanation:
Two goods are said to be complementary goods if an increase in the price of a particular one leads to a commensurate decrease in the demand that buyers placed for the other one.
A good is said to be a normal good if the reason for an increase in demand is due to an increase in the income of the buyers.
A good is said to be an inferior good if there is a decrease in demand even though the buyers have experienced increase in their income.
