Multiple Choice
According to the Coase theorem part 1:
A) property rights are irrelevant.
B) when information is free, the allocation is Pareto- optimal.
C) all allocations are Pareto- optimal.
D) the information is always free.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: Gisela and Lynn are friends. New clothing
Q42: A major problem which plagues cost- benefit
Q43: The practice of officers purchasing their commissions
Q44: Property rights:<br>A)require resources in order to be
Q45: A good with a negative externality will
Q47: Eliminating information asymmetry:<br>A)should be upheld by law.<br>B)may
Q48: The switch in property rights from fault
Q49: The no- fault divorce law was the
Q50: According to neoclassical economics:<br>A)all allocations are Pareto-
Q51: Property rights are incomplete because:<br>A)the Coase theorem