Answer:
Price fixing
Explanation:
Any understanding between business contenders or between producers, wholesalers, and retailers to raise, fix, or in any case look after costs. Many, however not all, value fixing understandings are illicit under antitrust or rivalry law.
Unlawful activities might be indicted by government criminal or common authorization authorities or by private gatherings who have endured financial harms because of the lead.
A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.
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Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer: D. Moral codes and social sanctions
B. coordinating negotiations among all of the parties too costly.
Explanation:
Externality is when the action of a person affects others either in a positive or negative way.
The types of private solutions to the externality of littering that has occurred in this case is moral codes and social sanctions. In this case, Megan doesn't really think that what she wants to do is wrong but she is concerned with how littering would affect her neighbor.
We should note that private solutions to externalities do not work when coordinating negotiations among all of the parties too costly.