Answer:
The correct answer is C.
Step-by-step explanation:
Coase Theorem says that any externality can be dismantled no matter who is ultimately compensated. The theorem mainly concerns compensation for pollution of foreign property, and states that, provided certain conditions are met, negotiation can lead to Pareto's optimal outcome.
Ronald Coase came up with the idea when looking for a way to allocate broadcast frequencies as efficiently as possible to individual radio stations. Competing radio stations could not agree on which radio frequency to choose, and if more than one of them was broadcasting on the same frequency, there was mutual interference. Coase noted that, despite the lack of state regulation to ensure a fair allocation of radio frequencies, the market is able to deal with this problem as follows: Radio stations that have sought to increase their economic profits by broadcast on an exclusive frequency, they were willing to pay their competitors to switch to another radio frequency without interrupting their transmission.
2 divided by 3 = .666
Multiply by 100 = 66.6
Round to nearest whole number = 67%
Answer:
20
Step-by-step explanation:
First, rewrite the numbers in numerical order:
8, 10, 10, 15, 15, 20, 20, 20, 20, 25, 25, 25, 35
Then find the middle number: (note there's 6 numbers on each side of <u>20</u>)
<em>8 10 10 15 15 20 </em><u>20</u> <em>20 20 25 25 25 35</em>
Hope this helps!
