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nasty-shy [4]
3 years ago
14

he Coase theorem will apply only if the amount of compensation that must be made to the damaged party is small. an individual wh

o is not affected by the externality can negotiate a settlement between the parties imposing the externality and the parties that are harmed by the externality. the courts can be used to determine the amount of compensation that must be made to the damaged party. the number of people involved is small.
Business
1 answer:
riadik2000 [5.3K]3 years ago
7 0

Answer:

the number of people involved is small.

Explanation:

Coase theorem was developed in 1960 by a British economist and author named Ronald Coase.

Coase theorem states that when the actions of a party (X) negatively affects or harm another party (Y), then party Y should be able to create an incentive for party X to stop or limit the action creating such harm.

Generally, when transaction cost are low, the two parties are able to bargain and reach a mutual agreement in the presence of an externality such as a pollution.

The Coase theorem will apply only if the number of people involved is small, the cost of negotiation is low and there are well defined property rights.

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Describe how you would incorporate adult learning principles and methods of experiential learning from this course into the Maer
snow_lady [41]

Answer:

Following strategies ought to be used to incorporate grown-up learning standards and techniques for experiential learning:  

  • Make a strong situation show regard for every person and conviction and incentive in learning process.listen to every individual views be courteous and patient,encourage to help each other in learning process.
  • Accentuate individual advantages of learning and having every member build up their very own objective for this preparation.  
  • Use methods that require dynamic investment energize participation and sharing of experience,design curriculum that permits preparing to be understudy focused.
  • Use assortment of preparing techniques to connect all learners and it is ideal to differ the strategies in which data is imparted.
  • Give organized learning opportunities that enable students to act naturally coordinated student as they endeavor to satisfy objectives.teach students how to learn by executing learning apparatuses int the educational program cerebrum storming,progress logs and evaluating own work and work of others .
  • Delicate inputs assist students with adjusting mistakes and strengthen great behavior and adult students need gentle constructive criticism  
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3 0
3 years ago
Paul, a calendar year single taxpayer, has the following information for 2020: AGI $175,000 State income taxes 13,500 State sale
Alborosie

Answer:

b.$39,200

Explanation:

Calculation to determine Paul's allowable itemized deductions for 2020

Using this formula

2020 itemized deductions=State income taxes+Real estate taxes+Gambling losses

Let plug in the formula

2020 itemized deductions=$13,500+$18,900+$6,800

2020 itemized deductions=$39,200

Therefore Paul's allowable itemized deductions for 2020 are $39,200

5 0
3 years ago
Yosevin began his memo with background information and explanations before announcing a reduction in health insurance coverage.
Dmitriy789 [7]

Answer:

Indirect

(I hope it's correct)

7 0
3 years ago
When travelers are bumped from overbooked flights, they are frequently offered vouchers good for future travel. The dollar value
earnstyle [38]

Answer:

The correct answer is letter "E": distributive fairness.

Explanation:

Distributive fairness is what is fair and correct regarding benefits assignation to a certain group. The principles of distributive fairness are ruling principles designed to guide the benefits of assignation and load of economic activity. English philosopher Thomas Hobbes <em>(1588-1679)</em> used to relate the principle of distributive fairness with the right of each individual to ensure self-preservation, something that included food, water, clothing, and somewhere to live.

6 0
3 years ago
In a economy, the government owns the means of production.
Daniel [21]

Answer:

(a) Command

Explanation:

A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.

This ultimately implies that, in a command economy, the government owns the means of production.

Societies that operate a command economy generally practices communism.

Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.

It ultimately aims to ensure each person contributes and receives according to their abilities and needs.

Vietnam, China and Cuba are examples of communist countries that operate a command economy.

In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.

5 0
3 years ago
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