Answer:
TRUE
Explanation:
The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.
The Coase Theorem also states that when conflicting property rights occur, bargaining between the parties involved will lead to an efficient outcome regardless of which party is ultimately awarded the property rights, as long as the transaction costs associated with bargaining are negligible. If trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.
Wait I know the answer but let me just make sure it is the right answer
Answer: Agriculture
Explanation:
The development of money led to agriculture. As it disallowed the barter system in which the goods are exchanged with the goods. The agricultural goods like crops, grains, fibers and other agricultural products were sold on their valuable market prices with the development of currency, its distribution, and utilization in the market.
Answer:
D) WHO = World Health Organization
Explanation:
Who stands for world health organization that is the correct answer.
