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: For instance, if two waves are traveling at the same speed, they are inversely related. The wave with shorter wavelength will have a higher frequency while a longer wavelength will have a lower frequency. Frequency and wavelength can be related through the speed of light.
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For the monthly fee, we first have to subtract the installation fee of 85 from the total cost for two years which is 685. Why? Because an installation fee is a one time thing. You don't install every year. So less the installation fee, our internet service cost for two years is 600. To make things easier, lets get the service costs for one year. Divide 600 by 2 and you will get 300. 300 is the cost of the internet for a whole year. Divide this by 12 (12 months in a year) and you will get 25. The monthly cost is $25.
