Two roommates are opposites. One enjoys playing Modern Warfare with his friends all night. The other likes to get to bed early for a full 8 hours of sleep. The roommate who plays Modern Warfare values gaming more than his roommate values his sleep. According to the Coase theorem, A. the person who plays Modern Warfare will compensate his roommate for loss of sleep. B. the person who prefers sleep will pay the gamer to keep quiet at night. C. neither roommate will compensate the other. D. the roommates will alternate sleeping and gaming.
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Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned that an electric utility company is taking advantage of consumers with unfair pricing policies. which of the following policy options might most effectively enable the government to achieve its objectives in this situation? do nothing to all. turn the company into a public enterprise. use antitrust laws to increase competition. regulate the firm's pricing behavior.
Answers: 3
Two roommates are opposites. One enjoys playing Modern Warfare with his friends all night. The other...
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