Answer:
it's A
Explanation:
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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.
An economic indicator is a type of statistic data about the economic activity of a country, it enables analysis about the current situation and performance of the economy. Moreover, it also allows predictions of future performance. One economic indicator used to tell how an economy is doing is the CPI, Consumer Price Index, it takes a sample of many goods and services over two hundred unit category. The information is gathered through phone calls and personal visits.
The given statement is True.
Consumers look towards aspirational and opinion leader reference groups to secure references regarding what they should consume and how they should behave.
Explanation:
When people want to belong to a group, or either model their behaviors even if they don't belong to that group, then such groups are called aspirational groups.
When some individual has high level of influence over the purchasing behavior of others, the person is called the opinion leader.
So aspirational reference groups and opinion leaders have no doubt a pretty much influence on the behaviors and consumption patterns of the people, because people want to directly or indirectly want to to get their selves associated with them.
Learn more about Opinion Leaders at:
brainly.com/question/11488346
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Answer:
They are conductin a comparative study.
Explanation:
Comparative research is a methodology used to compare results accross different populations. In this case, Brad and Greg have chosen two different countries, United States and Ireland, in order to compare results and verify if Piaget's theory can be generalized and taken as universal. Comparative research allows researchers to analize variables that vary from one culture to another and that are a result of social and cultural environments that corresond to a specific time and space.
