If an environmental group wanted to prevent the habitat destruction of the Wyoming pocket gopher, the Coase theorem would direct the group to
A) try to get laws enacted to protect the species.
B) bargain in order to obtain the property rights of the gopher habitat.
C) physically block any efforts to destroy the habitat.
D) protest the destruction while gaining media attention for their cause.
B
Economics
You might also like to view...
If we assume that velocity is constant, and if the money supply increases by 6 percent, we would expect, ceteris paribus, that the price level would
A) increase by 3 percent. B) increase by 6 percent. C) decrease by 3 percent. D) decrease by 6 percent.
Economics
The Lorenz curve is best used to measure international competitiveness
a. True b. False Indicate whether the statement is true or false
Economics