Asarta inc. is polluting into a nearby fishing stream; doing so benefits them $40,000 a year. the fishermen are unhappy as their trout are dying off. typically, the fishermen can catch trout and sell it to a local market where they can earn about $8,000 a year. currently, asarta inc. has the rights to use the stream as they see fit. which of the following is an optimal solution according to the coase theorem?

a. asarta inc. could pay the fishermen $8,500 and keep polluting
b. asarta inc. could pay the fishermen $7,000 and keep polluting
c. there is no optimal solution given the current property rights
d. the fishermen cout the fishermen could pay asarta inc. $4,000 to stop them

What is the opportunity cost in this scenario? harry has been very busy at work for the past two weeks. he has been working weekends too. finally, he is going to get a weekend off. originally, he planned to paint his apartment that weekend. he also considered going fishing for the weekend. but then his parents called and asked him to come for dinner because it has been a while since they have seen each other. later on, his friend theo informed him about a surprise birthday party for another friend. theo plans to reserve a room at a restaurant for the celebration, with the cost to reserve the room split between theo, harry, and three other friends. now harry is confused about what he should do over the weekend. he decides that, for him, the most important commitments are going over to his parent's house and attending his friend's birthday party. in the end, harry decides to see his parents.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness