1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erica [24]
3 years ago
13

Describe an example of a problem that could be solved using the Coase theorem. Do this by defining a hypothetical situation wher

e one individual is causing a negative externality on another individual. Describe whether it matters who holds property rights. Define the three necessary conditions for Coase theorem to work completely. Describe why a failure of these conditions will likely cause Coasian bargaining to fail.
Business
1 answer:
wariber [46]3 years ago
3 0

Answer:

Explanation:

Theorem Utilization: Coase Theorem has been created to take care of the issue of market disappointment. Market disappointment exists where value component doesn't convey productive outcome.  

Example : For instance, dairy cattle of Rancher wandered into close to field. this is a sort of negative externalities. On the off chance that property right is given to rancher, at that point he can sue Rancher for making harm crop. Yet, there is no privilege to rancher, it suggests that privilege has been given to farmer. Presently here rancher will attempt to repay Rancher to lessen the size of his cows group.  

Three necessary conditions:

  1. The rights of property should be well defined.
  2. The rights of property should be transferable.
  3. The cost of transaction must be sufficiently small.

It doesn't make a difference whom property right is given, there will be effective results. Coase hypothesis bombs where haggling cost rises or free rider issues are seen.

You might be interested in
Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of which resource management
Misha Larkins [42]

Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of resource management activity called Planning for resources

<h3>Further explanation </h3>

NIMS Resource Management is the thing related with  during an incident, getting the right resources to the right place, at the right time also can be a matter of life and death.

There are four key activities of resource management:

  1. Identifying and typing resources . When an incident occurs, standardized procedures are used to Identify resource requirements,  Order and acquire resources, and  Mobilize resources.
  2. Qualifying, certifying, and credentialing personnel . Qualification, certification, and credentialing are the essential steps to help to ensure that the personnel deploying under mutual aid agreements can perform their assigned roles.
  3. Planning for resources . There are some resource management strategies for planners to consider such as Stockpiling resources, Establishing mutual aid agreements to obtain resources from neighboring jurisdictions, Determining how and where to reassign resources performing non-essential tasks  and Developing contracts to acquire resources from vendors
  4. Acquiring, storing, and inventorying resources. Accurate resource inventories include:  Enable organizations to resource incidents promptly when needed  and Support day-to-day resource management

<h3>Learn more</h3>
  1. Learn more about resource management brainly.com/question/3722495

<h3>Answer details</h3>

Grade:  9

Subject:  business

Chapter:  resource management

Keywords:  resource management activity

5 0
3 years ago
Read 2 more answers
Ashton Woods has begun building new townhome communities in order to appeal to smaller families who would like a beautiful upsca
I am Lyosha [343]

Answer:

d) All of the above

Explanation:

Here are the options to this question :

a) Geographic

b) Demographic

c) Psychographic

d) All of the above

e) None of the above

Geographic  segmentation is the segmentation of people based on their locations

When Ashton Woods determines that homeowners are seeking locations convenient to good, local schools, he is segmenting by geography.

Demographic segmentation is the segmentation of people based on demographics such as age, income, gender, ethnicity.

When Ashton Woods profiles households based on the income they earn, he is doing demographic segmentation

Psychographic  segmentation is the segmentation of a group of people into groups based on certain psychological characteristics

When Ashton Woods determines that homeowners would want like a beautiful upscale home, without the cost of maintaining a large yard. He is segmenting based on  Psychography

4 0
3 years ago
A company’s normal selling price for its product is $27 per unit. However, due to market competition, the selling price has fall
schepotkina [342]

Answer:

The correct answer is $2,600.

Explanation:

According to the scenario, the given data are as follows:

Selling price = $27

After competition, Selling price = $22

Inventory consist = 130 units

Net realizable value = $20

So, we can calculate the value of this inventory by using following formula:

lower of the cost = $20

So, Value of this inventory = Inventory units × $20

= 130 × $20

= $2,600 units

8 0
3 years ago
On October 1st, a company borrowed $60,000 from Eighth National Bank on a 1-year, 7% note. If the company's fiscal year ends on
ExtremeBDS [4]

Answer:

Interest payable $1,050

Explanation:

Based on the information given F the company's fiscal year ends on December 31st, Hillsmith should make a year-end adjusting entry to increase: INTEREST PAYABLE $1,050

Interest payable $1,050

(7%*60,000*3/12)

(October 1st December 31st=3 months)

8 0
3 years ago
BLW Corporation is considering the terms to be set on the options it plans to issue to its executives. Which of the following ac
barxatty [35]

Answer:

Option A

Explanation:

Exercise price is the base price at which a share can be sold and is called the strike price of an option, increase in exercise price would reduce its market value because the value is the difference between it exercise price and market price.

3 0
4 years ago
Other questions:
  • Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common
    7·1 answer
  • On January 1, ABC Catering purchased an oven for $5,000. The oven is expected to last five years and have no salvage value. Sele
    15·1 answer
  • Fast Co. produces its product through two processing departments. Direct materials are added at the start of production in the C
    6·1 answer
  • Justin has hired someone to handle all of the financial issues for his small business. He hired a:
    7·1 answer
  • Lovely lawns, inc., intends to use sales of lawn fertilizer to predict lawn mower sales. The store manager estimates a probable
    10·1 answer
  • Identify the accounting concept or principle that gives the most direction on how to account for each of the following
    9·1 answer
  • Sam is the coach of a high school soccer team and has noticed that some close relationshipshave formed as well as feelings of ca
    9·2 answers
  • An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy c
    9·1 answer
  • Dividends declared is subtracted from the Statement of Retained Earnings. True or False.
    8·1 answer
  • Which item is an example of data collected from market research? technical client specs your project timeline your project budge
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!