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.
Yes, the pigs controlled everything the farm animals did
Answer:
More, had a comparative advantage, produce more
Explanation:
In the previous example, the United States and Brazil were efficient when they specialized. Brazil choose to specialize in the production of bananas because it in producing it. The United States and Brazil when they specialize.
Answer:
trade agreements with other countries
Explanation:
The invention of the automobile was in the EARLY 1900s, not the late. The development of the computer did not really effect / impact lives until 1990s and so does not really fit the question. The shopping malls could be an answer, but I think trade agreements is the best answer.
The answer to your question is A bit there is a possibility it is D
