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Author Question: Suppose two neighbors share a park. One neighbor, Al, leaves trash in the park. This bothers the ... (Read 115 times)

savannahhooper

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on: Jul 1, 2018
Suppose two neighbors share a park. One neighbor, Al, leaves trash in the park. This bothers the other neighbor, Bert. According to Coase's Theorem, the optimal level of trash in the park can be achieved if
 
  A) someone is assigned property rights to the park.
  B) government limits the use of the park.
  C) nobody catches Al leaving the trash.
  D) Bert moves.

Question 2

Suppose two neighbors share a park. One neighbor, Al, leaves trash in the park. This bothers the other neighbor, Bert. According to Coase's Theorem, one necessary condition to alleviate the externality is that
 
  A) Al is fined by the government.
  B) Al has the right to leave trash and Bert cannot do anything about it.
  C) Bert has the right to a clean park and Al cannot leave trash.
  D) Either Al or Bert owns the park.
Microeconomics ¦ Perloff ¦ 8th Edition
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alexanderhamilton

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Reply #1 on: Jul 1, 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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savannahhooper

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Reply 2 on: Jul 1, 2018
:D TYSM

isabelt_18

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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