« previous next »

Author Question: The Coase theorem says that which of the following is necessary to lead to an efficient use of ... (Read 36 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 29, 2018
The Coase theorem says that which of the following is necessary to lead to an efficient use of resources?
 
  A) presence of transaction costs
  B) existence of property rights
  C) government intervention
  D) All of the above answers are correct.

Question 2

The above figure shows the demand and cost curves for a firm in monopolistic competition. The firm makes the maximum profit when the marginal cost of last item produced equals
 
  A) 5.
  B) 10.
  C) 15.
  D) 20.


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Species of the algal genus Dinobryon not only photosynthesize, but are also efficient predators of b Species of the algal genus Dinobryon not only photosynthesize, but are also efficient predators of b
Formation of an atherosclerotic plaque within a coronary artery; may lead to coronary artery disease Formation of an atherosclerotic plaque within a coronary artery; may lead to coronary artery disease
Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
A properly mounted 12-lead, single channel ECG. A properly mounted 12-lead, single channel ECG.
Recording a 12-Lead Electrocardiograph Recording a 12-Lead Electrocardiograph
With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ... With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ...
Video: Ventilation - phases and driving forces

For a complete list of videos, visit our video library