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.
Answer:
<em><u>Weathering & Erosion </u></em>
Explanation:
Weathering & erosion of the Colorado River is the reason the Grand Canyon exists in the first place. (Or Paul Bunyan)
The European nations that established colonies in South America were Spain and Portugal.
Answer:
One party of Franks, namely, Peter, the Hermit Duke Godfrey, Baldwin, his brother, ... Robert the Norman, Hugh the Great, Everard of Puiset, Achard of Montmerle, ... The wise man, Bohemund, also said that if the Count should do the Emperor any ... We did not dare to go outside; we could find absolutely nothing to eat within
Explanation:
Raymond of Toulouse, Robert of Normandy, Robert of Flanders, ... It makes much more sense to suppose, in so far as one can ... For Bohemond, who was to become Prince of Antioch, his social status was elevated substantially. ... The next day Hugh again went out to talk with Godfrey,
