Answer:B. if transaction costs are low, private bargaining will result in an efficient solution to the problem of externalities.
Explanation:
The coarse theorem:
If there is a conflict between parties this will lead to an effecient results irrespective of who won the right to the property as long as the transaction cost related to the price negotiation is insignificant.
When the government is in deficit, it A) increases the public debt.
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Answer:
b. plus any subsequent processing cost.
Explanation:
In the case of the acceptable costing method for by-products the inventory cost that are depend upon the joint cost should be distribution to the by-product plus if there is any processing cost
that means
Inventory cost of the bu-product = joint cost + processing cost
Therefore the same should be considered
Answer:
I have 3 statements
Explanation:
The characteristics of oral narrations are as follows.
1) They can be real or imaginary.
2) They are structured in dialogue, monolog and paragraph.
3) It is written in past tense
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