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:
Correct answer is В. God has already decided which people will get into heaven.
Explanation:
Only option B is correct answer as Calvin believed that God already determined who will be saved and go to heaven and who will not.
We cannot basically run away from our destiny. We are no sinful because we want to be, but because we were made like that.
Therefore, all other options are not correct. Most of the people will not go to heaven and no matter what we do our destiny is already decided.
<span>Political parties serve four key functions in the American political system <span>Political parties (1) select candidates, (2) mobilize voters, (3) facilitate governance, and (4) monitor the opposing party when it's in power......................</span></span>
The principle of Utility states that an action then may be said to be conformable to the principle of utility, or, for shortness sake, to utility, (meaning with respect to the community at large) when the tendency it has to augment the happiness of the community is greater than any it has to diminish it.
The idea that "it is the greatest happiness of the greatest number that is the measure of right and evil" is what Bentham referred to as the "basic premise" of his philosophy. He rose to prominence as a key figure in Anglo-American philosophy of law and as a political radical whose ideas helped shape welfarism. He supported freedoms of the individual and the economy, the division of religion and state, freedom of speech, the equality of women, the right to divorce.
Learn more about Jeremy Bentham here:
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