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.
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You must know what the Han dynasty is and the definition of those words.
Answer:
beaches
Explanation:
Los Angeles is home to some of the USA’s best beaches and each one has its own unique character. Venice Beach is one of LA’s most known beaches and with its numerous galleries, quirky shops, street performers, Muscle Beach body-builders and more, it's the perfect place for a spot of people watching! Santa Monica is another fantastic LA beach district and its perfect for those who want to chill out in the sun, get active on the beach or maybe do a spot of shopping. Outside of these two beaches though, you can find a whole host of others to visit including Manhattan Beach and Malibu.