According to Coase’s theorem when property rights are well defined and legally enforceable and transactions costs are not prohibitive ?

Related Mcqs:

Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?

A. the tragedy of commons B. sustainable development C. net primary productivity (NPP) D. the impossibility theorem...

Gross National Product equals ?

A. Net National Product adjusted for inflation B. Gross Domestic Product adjusted for inflation C. Gross Domestic Product plus net property income from abroad D. Net National Product plus net property income from abroad...

To adjust GDP from market prices to factor cost ?

A. Add indirect taxes B. Subtract subsidies C. Deduct indirect taxes and subsidies D. Deduct indirect taxes and add subsidies...

Gross Domestic Product is the sum of the market value of the ?

A. intermediate goods B. final goods and services C. manufactured goods D. inferior goods and services normal goods and services...

If a cobbler buys leather for Rs100 and thread for Rs50 and uses them to produce and sell Rs500 worth of shoes to consumers the contribution to GDP is ?

A. Rs50 B. Rs100 C. Rs650 D. Rs500...