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
Kipish [7]
3 years ago
14

Offering to pay the passenger in front of you to keep her from reclining her airplane seat is an example of a Pigovian solution

to an externality situation. command-and-control policy. a Coasian solution to an externality situation. a tradable exchange contract.
Business
1 answer:
Blizzard [7]3 years ago
3 0

Answer:

a Coasian solution to an externality situation.

Explanation:

Basically. a Coasian solution to an externality situation occurs when the economic activities of one party results in a damage or cost to another party or their property. In this situation, the Coase Theorem which recommends two possible settlements may be applied. The first settlement is for the party causing the damage or imposing the cost to choose to give financial compensation to the affected party so that he can continue to impose the cost or cause the damage. The second settlement is for the affected party to pay the party causing the damage or imposing the cost so that he can stop causing the damage or imposing the cost.

From the question, the affected person chose the second possible settlement by offering to pay the passenger in front of him to keep her from reclining her airplane seat. It is therefore an example of a Coasian solution to an externality situation.

You might be interested in
Three years ago, Charles purchased a health policy from the QRS Company; he has purchased two additional contracts from the same
ikadub [295]

Answer: a. Only one policy will pay, the premiums for the other contracts will be returned.

Explanation:

When there are multiple insurance contracts from the same insurer and these contracts have a ''Other Insurance With This Insurer'' provision, it means that in cases where the insured wants to claim, they can choose whichever of the policies they want and that one will pay out but they cannot pick them all.

The premiums paid on the other contracts/s will be returned to the insured because it represents excess coverage.

5 0
3 years ago
Jackson Co. began the year with $20,000 in inventory. During the year, the company purchased $80,000 worth of inventory. At the
Irina-Kira [14]

Answer:

The total cost of goods sold  = $70,000

Explanation:

Given:

Initial inventory at the start of the year for Jackson Co. = $20,000

Total cost of purchases made during the year = $80,000

Inventory remaining at the end of the year = $30,000

Solution:

Total inventory for Jackson Co. during the year = \$20,000+\$80000= \$100,000

Inventory remaining at the end of the year = $30,000

The cost of the goods sold can be calculated by subtracting the remaining  inventory from the total inventory.

Thus, cost of goods sold can be given as :

⇒ \$100,000-\$30,000

⇒  \$70,000

The total cost of goods sold  = $70,000

8 0
3 years ago
After creating awareness that the firm's products or services exist, the next goal of integrated marketing communications is to
Luden [163]

Answer:

The correct answer is letter "B": increase the level of interest among consumers.

Explanation:

After consumers realized a new product has been introduced into the market, marketing executives must find out the way to keep those customers interested in the product. Thus, they will become regular consumers of the good or service offered which implies the company would have a stable income to keep the business going.

7 0
3 years ago
Harold asks his prospects several questions to understand the reasons for their hesitation in buying his product. He tries to id
Fofino [41]

Answer:

fhuafuhfuhsuihfuishfdvbcgufjvhfigirhhjfhhhfhh

Explanation:

5 0
3 years ago
Why is going to a restaurant to eat dinner both a good.and a service
lions [1.4K]
You eat at the time you need to and they service you
3 0
3 years ago
Read 2 more answers
Other questions:
  • When prices drop below the point where supply and demand meet, it results in... A. coordination. B. disequilibrium. C. equilibri
    15·2 answers
  • Kara and simon are both middle managers at gotcha international. kara is dissatisfied because she knows that simon makes more in
    8·1 answer
  • Which of the following sentences about Wikipedia is true?
    11·2 answers
  • What is one of the most critical areas in a quality control program?
    15·1 answer
  • Bon Nebo Co. sold 25,000 annual subscriptions of Magazine 2018 for $85 during December 2018. These new subscribers will receive
    5·1 answer
  • Departmental contribution to overhead is calculated as revenues of the department less:
    13·1 answer
  • Fill in the blanks.
    13·1 answer
  • During 2021, a company sells 200 units of inventory for $58 each. The company has the following inventory purchase transactions
    11·1 answer
  • Yosevin began his memo with background information and explanations before announcing a reduction in health insurance coverage.
    13·1 answer
  • Which might be an oppotunity cost of the city of aloharetta decision to construt the gateway and green way projects
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!