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.
Answer:
this account shows sign's of sexual harassment this goes against the rules of a work place due to the fact that employees and members of staff should feel protected at all times
Explanation:
Answer:
The target direct materials ending inventory is the correct answer.
Explanation:
Answer:
see below
Explanation:
The terms opportunity cost and trade-off are, in most cases, used interchangeably. Opportunity cost occurs due to scarcity of resources. Individuals have to make choices among the options available to them. The fortified option is the trade-off or the opportunity cost.
Opportunity cost is measured by obtaining the value of the next best alternative. In other words, the cost of the most valuable sacrificed option is the opportunity cost. For example, if a student has $50, he can purchase a meal valued at $45, watch a movie valued at $40 or buy a book for $ 47. assuming he opts to buy the book, the meal becomes the opportunity cost because it represents the next best alternative.
<span>This would be a question in an assessment interview. The company is trying to gather information about the interviewees personality. This same question might also show up on a motivation questionnaire or in an interview where the person conducting the interview is trying to assess a person's situational judgement on particular matters that may impact the company.</span>
