This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Dick has a dog (Spot) that likes to bark at night. Jane, who lives next door to Dick, must be at ... (Read 122 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Jun 29, 2018
Dick has a dog (Spot) that likes to bark at night. Jane, who lives next door to Dick, must be at work every morning by six o'clock. Suppose that there is no noise ordinance that requires Dick to keep his dog quiet.
 
  Is there any Coase solution to this problem? Explain.

Question 2

Suppose that you are an analyst working for a venture capital firm. An individual contacts you about backing his brand new Internet company. What information would you want before making this decision?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 29, 2018
Answer to Question 1

Since Jane has no right to expect the dog to remain quiet (and Dick has a right to have a dog), Jane could pay Dick to either get rid of the dog or to keep the dog indoors during the night.

Answer to Question 2

You would want information that would allow you to calculate an expected rate of return on your investment. Therefore, you would need information on projected costs and revenues for the firm.


nenivikky

  • Member
  • Posts: 516
Reply 2 on: Jun 29, 2018
Wow, this really help

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Spot the missing letter Spot the missing letter
Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo
Henry Fox Talbot, The Open Door. Henry Fox Talbot, The Open Door.
The course of EEG stages during a typical night’s sleep and the relation of emergent stage 1 EEG ... The course of EEG stages during a typical night’s sleep and the relation of emergent stage 1 EEG ...
What is the contribution of studying wing spot in the field? What is the contribution of studying wing spot in the field?
What is the contribution of studying wing spot in the field? What is the contribution of studying wing spot in the field?
Video: Inflammation

For a complete list of videos, visit our video library