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.
Typically, stakeholders do not complain that the company is directionless after hearing a well-developed and expressed strategic vision.
<h3>What Is Vision, Exactly? And why is it so crucial for a leader to convey their vision?</h3>
The organization's desired achievement or future state is described by its vision. To motivate, define, and focus the effort, a vision must be communicated in order to fulfill its purpose.
One of your responsibilities as a leader is to inspire dedication to your organization's goal, as stated in our handbook Communicating Your Vision. You must convey the vision in a way that matters to people in order to accomplish this. You want the organization's members to embrace the vision and spread it to others.
The organization's vision needs to be communicated by the leaders in several different methods.
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The possibility of the endless cyclical preference is eliminated by the property of: <span>Transitivity
the property of transitivity follow this exact equation
If a=b ; and b=c ; therefore a=c
This very nature of preference is a core principle of human's opinion, which influence us in making our own choices/</span>
The definition of inhumane is something cruel and unkind
Answer:
C. Recorded using a Create Invoices window
Explanation:
Credit sales refers to the purchases made by customers for which payment is delayed. A reasonable payment delay allows customers to make additional purchases as delayed payments allow customers to generate cash with the purchased goods which in turn can be used to pay back the seller.
These are purchases made by a customer that do not require a full payment at the time of purchase.
Credit sales to customers are <u>recorded using a Create Invoices window.</u>
