Answer: The optimal price is higher than market price by less than $0.50.
Explanation:
Since, it was given that Coase theorem doesn't hold in this situation, hence, the social marginal cost is greater than the private marginal cost by $0.50. The social marginal cost curve lies towards the left of demand curve.
Since the demand and supply curve are not perfectly elastic or inelastic, so the optimal equilibrium occurs at a point (price) which is greater than the prevailing market price, but the difference in the price is less than $0.50.
Therefore, the optimal price is higher than market price by less than $0.50.
Answer:
The correct answer is a Fee simple defeasible estate.
Explanation:
A fee simple defeasible estate is a type of property that has some conditions attached to it. In case the conditions are not conformed the estate goes back to the grantor.
The holder of such an estate holds it as a fee simple subject to that condition. If the given condition is not met the estate either goes to the original grantor or to a third party.
Answer:
deposits.
Explanation:
The liabilities of the commercial banking system involves capital that includes cash reserves, deposited, debts, checking, saving amount,
The deposits could be in terms of saving deposit, fixed deposits, etc
Therefore in the given case, the deposits are the commercial banking liabilities and the rest options like loan & deposits, reserve and loans, etc are not the liabilities so these are wrong options.
Can developing country to term and how much they trade
