The Coase Theorem explains how the ________ can come to a socially optimal solution.

A. government
B. producers
C. citizens
D. market


Answer: D

Economics

You might also like to view...

Suppose researchers discover that a government program to match job seekers and employers has caused an increase in the unemployment rate. Does this mean that the program has failed?

What will be an ideal response?

Economics

Electricity and internal combustion engines are general-purpose technologies. They permit the functioning of a wide range of goods, service and production systems

Indicate whether the statement is true or false

Economics

On its web site, your bank posts the interest rates it is paying on savings accounts. Those posted rates

a. and a price index are both real variables. b. and a price index are both nominal variables. c. are real variables, and a price index is a nominal variable. d. are nominal variables, and a price index is a real variable

Economics

A monopolistically competitive firm

A. must raise price to sell more output. B. must lower price to sell more output. C. sells a fixed amount of output regardless of price. D. can sell an infinite amount of output at the market-determined price.

Economics