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Hitman42 [59]
3 years ago
6

A coase solution to a problem of externality ensures that a socially efficient outcome is to

Business
1 answer:
agasfer [191]3 years ago
4 0

A coase solution to a problem of externality ensures that a socially efficient outcome is to maximize the joint welfare, irrespective of the right of ownership.

Explanation:

In law and in economics the Coase theorem explains the economic efficiencies in the existence of externalities. The economic efficiency of economic allocation or outcome. In practice, barriers to negotiation or poorly defined rights of property can prevent coasean negotiations.

The private external solutions include, for the benefit of the relevant parties, moral codes, charities and business fusions and contracts. In the theorem, two parties can bargain and obtain an optimal outcome in the presence of an externality when transaction cost is low.

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What are the relative merits of three trade agreements and alliances?
IgorLugansk [536]

What are the relative merits of three trade agreements and alliances? WTO governs international trade. NAFTA is with North America. EU is Europe's trading bloc.

Trade agreements are essentially pacts between various countries that allow of trade between them. The trade is constructed and based on setting up tax, tariff and treaty agreements that allow for the participants to have investments within the trade. Two or more countries participate on the terms of their trade agreements which allows them to trade with one another.

8 0
3 years ago
A machine operates with the following production cycle:
raketka [301]

Answer:

The capacity of the machine in parts per minute is 3 parts per minute

Explanation:

The Total time = 29 + 90

The Total time = 119 minutes

Total production = 4*90

Total production = 360 units

The capacity = 360/119

The capacity = 3.02521

The capacity = 3 parts per minute

Thus, the capacity of the machine in parts per minute is 3 parts per minute

6 0
3 years ago
Which of these is not a major advantage of a corporation? a. Government regulations b. Transferable ownership rights c. Separate
Rufina [12.5K]

Answer:

The correct answer is the option A: government regulations.

Explanation:

Government regulations are those that could influence the business' operations in order to make them more profitable or less profitable. Therefore that this type of intervention is not a major advantage of a coporation due to the fact that most of the government regulations <em>tend to generate more difficult situations in where to operate and manage the business</em> in order to facilitate and improve the benefits from the employees and from the society, which is good in general, but sometimes difficult the fact of managing the organization.

4 0
4 years ago
The consumer price index (CPI) and the producer price index (PPI) actually measure the same economic factors.
zlopas [31]

Answer:

The statement is False.

Explanation:

First lets see what CPI and PPI are.

Consumer price index measures the change in the average prices of consumer goods and Services. The weighted average price of a selected consumer market is used for this.

Producers price index measures the changes in the prices of the output produced by the domestic producers.

However, there are certain factors that these 2 indices include and do not include.

  • CPI includes the sales and taxes paid for the products and services as they influence the consumers. however, PPI does not take in the sales and taxes.
  • PPI is somewhat broader than the CPI: PPI considers the change in average prices of producers in USA while CPI only take in to account the goods and services consumed by the US Urban consumers.
  • Because it is aimed at the consumers, CPI includes Imports. However, PPI does not include Imports.
8 0
3 years ago
Comment with your agreement or disagreement (and why) on the following quote; include in your answer a discussion of what the CE
shusha [124]

Answer:

agreed

Explanation:

In simple words, the modern business environment is such that an unethical firm will not survive for long in the market. Thus, it is mandatory for firms to be ethical in every way. A CEO of a company represents the company and can considerations the face of the entity, thus, his or her authority obliges him or her to act and make others act in an ethical manner.

The value statements and code of ethics should be considered as must for the operative activities as it serves as a code of conduct for followers.

8 0
3 years ago
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