<span>This result proposes that private parties (consumers and producers) can solve the problem of externalities on their own. = <span>Coase theorem.
</span>Coase theorem proposes that "</span><span>when there is a disagreement about property rights, those parties concerned can find a way to come to a mutually beneficial outcome by means of bargaining or negotiating terms," according to its definition.</span><span>
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Answer:
E. Construct Validity.
Explanation:
Construct validity is mostly used in social sciences and psychology. It is mainly a device used almost exclusively in social sciences, psychology and education.
For example, you might design whether an educational program increases artistic ability amongst pre school children. Construct validity is a measure of whether your research actually measures artistic ability, a slightly abstract label.
Just like case above that has to deal Dr. Ross looking to examine if the certain indicators which tends to complete her romantic attraction measurement are truly related to one another and make for an accurate representation of the variable she is researching.
Answer:
Let the price of labor increase.
Explanation:
An unregulated market is also termed as a free market economy. Here, the government does not interfere in the business of supply and demand. Resources are determine by the authority without any government intervention.
In order to cure the labor shortage in an unregulated market when there is no immigrants for labor supply, the prices of the labor may be increased. In doing so it will affect the supply and demand of labor. As the labor price will increase, the supply of labor will also increase as now more and more labor wants to work in order to get a high wage.
So increasing the price of the labor will cure for the labor shortage.
