<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:
charles cornwallis po, letter c
Explanation:
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Answer:
While the new helmets <em>decrease </em>the probability of a concussion resulting from each individual collision, at the same time the new helmets could also give football players an incentive to play more <em>recklessly</em>, which could potentially <em>increase </em>the amount of violent collisions and thus the number of concussions suffered by NFL players, all else equal.
Explanation:
The <u>human factor </u>is an important matter to consider in matters like these.
Technical solutions, like the introduction of new helmets, may improve the situation when it comes to equipment, but it is the fact that players know that new helmets are stronger and thus they are more protected, would result in a new reckless <em>behavior</em>.
With the introduction of new helmets, players would become less motivated to play carefully, because they would know that the new helmets allow them to do so. The curious question would be to ask is this one. If players do not know that their helmets are safer, would they play more recklessly or not?
Answer:
False
Explanation:
There are many factors that influence consumers' consumption patterns and demand for products and services.
Some of them include; <u>the social class to which they belong, the culture within the society</u> and their personal preferences.
