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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Answer:
A) Balance Sheet: reports the assets, liabilities and shareholders' equity at a given point in time. Assets = Liabilities + Shareholders' equity
B) Income Statement: reports the profits or losses = total revenues - total costs, over a specific period of time
C) Statement of Retained Earnings: reports the changes in the retained earnings account during the accounting period, it shows how net income increases retained earnings and how dividends decrease it.
Explanation:
C.I consumer right that protects individuals from extremely high interest rates
Answer:
a- $ 838.50
b-$134.16
c- $618.59
d- see below
Explanation:
a- $10.75 X 78 hours = $v838.5
b- $ 838.5 X 16% = $ 134.16
c - $ 838.5 - federal and state income tax $ 134.16 - other ded $ 85.75 = 618.59
