Assume your roommate is very untidy. According to campus policy, you have a right to live in an uncluttered apartment. Suppose she/he gets a $200 benefit from being untidy but imposes a $100 cost on you. The Coase Theorem would suggest an efficient solution can be reached where:
a. you continue to live with your messy roommate until you are able to make other living arrangements elsewhere.
b
your roommate stops her/his messy habits or you force her/him to move out.
c. you pay your roommate at least $100 but no more than $200 to clean up after (her)himself.
d. your roommate pays you at least $100 but no more than $200 for the right to be untidy (or to have you clean up after her/him).
d
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The figure above shows the production possibilities frontiers for four nations that have identical production possibilities frontiers in the present. The one that will grow most rapidly in the future is most likely to be producing at point
A) A. B) B. C) C. D) D.
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What will be an ideal response?
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Indicate whether the statement is true or false