« previous next »

Author Question: The result that, under certain circumstances, no government action is needed to control an ... (Read 32 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jul 1, 2018
The result that, under certain circumstances, no government action is needed to control an externality because it can be eliminated by bargaining between the affected parties is called
 
  A) a Nash equilibrium.
  B) Coase Theorem.
  C) Bargaining Theorem.
  D) English Bargaining.

Question 2

What is asymmetric information?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A market situation in which one party in a transaction possesses more complete information than another party.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

An Action Potential An Action Potential
Action Potentials Action Potentials
Humoral control of blood sugar levels. Humoral control of blood sugar levels.
An ob/ob mouse and a control mouse. An ob/ob mouse and a control mouse.
Mechanism of Action of Anticoagulants "آلية عمل مضادات التخثر" Mechanism of Action of Anticoagulants "آلية عمل مضادات التخثر"
Control of Respiration Control of Respiration
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library