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Author Question: The Coase theorem is the proposition that if property rights exist, the number of parties is small, ... (Read 99 times)

bobypop

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on: Jun 29, 2018
The Coase theorem is the proposition that if property rights exist, the number of parties is small, and transactions costs are low
 
  A) external costs result in deadweight losses.
  B) external benefits result in deadweight losses.
  C) private transactions are efficient.
  D) public transactions are efficient.

Question 2

All shredded wheat producers have decided to add a new ingredient to shredded wheat, the crunch enhancer. Crunch enhancer keeps cereals crisper longer in milk and, as a result, consumers decide they like shredded wheat more than before.
 
  What happens to the supply and demand curves for shredded wheat now that is costs more to produce and consumers like it better? A) The supply and demand curves both shift rightward.
  B) The supply curve shifts rightward and the demand curve doesn't shift.
  C) The supply curve shifts leftward and the demand curve shifts rightward.
  D) The supply curve shifts leftward and the demand curve doesn't shift.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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ong527

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobypop

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

scikid

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Reply 3 on: Yesterday
:D TYSM

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