Even if the conditions of the Coase Theorem are not met, it may still inspire what type of solution to the problem of externalities?

Even if the conditions of the Coase Theorem are not met, it may still inspire what type of solution to the problem of externalities?

Select one:

a. The creation of new price controls

b. The creation of new command-and-control responses

c. The creation of new markets

d. The creation of new taxes

 Suppose that in a certain apartment, the roommates will shun one another for leaving their dirty dishes in the sink. In this case, the roommates are using _______ to prevent the tragedy of the commons.

Select one:

a. the creation of property rights

b. a command and control response

c. cultural norms

d. public provision

Professor Tabarrok said in the video that there is a “problem” with the fact that flu shots create external benefits. What’s the problem?

Select one:

a. Goods with social benefits are signs of communism.

b. People are suspicious of goods that have broad social benefits.

c. The person getting the flu shot bears all of the cost.

d. Benefits that fall on bystanders are hard to measure.

 How did the government determine that increasing the energy efficiency of washing machines was the best way to achieve the goal of reducing energy consumption?

Select one:

a. Using the supply and demand model, just as Professor Tabarrok demonstrated in the video.

b. It did not determine the best way to achieve this goal, because to do so is impossible.

c. Through extensive surveys and market research.

d. It did not determine the best way to achieve this goal, since the economic impact does not depend on the approach taken to achieve the goal.

 An external benefit from a transaction is a benefit to _______.

Select one:

a. bystanders.

b. sellers.

c. the government.

d. buyers.







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10