« previous next »

Author Question: The Coase theorem says that which of the following is necessary to lead to an efficient use of ... (Read 82 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?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t
Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ... Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ...
The digital multimeter should be set to read DC volts and the red lead connected to the battery ... The digital multimeter should be set to read DC volts and the red lead connected to the battery ...
A meter lead connected to a T-pin that was gently pushed along the signal wire of the TP sensor ... A meter lead connected to a T-pin that was gently pushed along the signal wire of the TP sensor ...
Nutrition-related research findings are often lead stories in newspapers, magazines, and on websites Nutrition-related research findings are often lead stories in newspapers, magazines, and on websites
Writing can lead to psychological benefits Writing can lead to psychological benefits
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library