Suppose Winston's loud music externalizes a cost onto his neighbor, Chloe. Suppose Winston and Chloe decide to solve this problem using the Coase theorem. If they are successful, what is a possible result of the execution of this theorem?a. The government taxes Winston for his loud music.
b. Chloe and Winston solve their differences in a market for tradable allowances of loud music.
c. Chloe pays Winston weekly to refrain from playing music loudly.
d. Winston pays Chloe once (as a fine) and refrains from playing music loudly.

d. Winston pays Chloe once (as a fine) and refrains from playing music loudly.

Explanation:

Coase Theorem states that in case of externalities : two parties can bargain and arrive at an efficient outcome, if the transaction costs are low.

Winston's loud music is a negative externality for neighbour Chloe. So, the negative external cost can be compensated , by including it in monetary exchange mechanism .

For negative external effect upto now : Winston should pay chloe 'fine', as the former's act has had an  extra extra social cost on the latter . Winston should also refrain from paying loud music thereafter.

1. state-issued photo ids. provide them for free for those who can't afford them.

2. the system we have seems to be working nearly perfectly. seems like about 31 cases per billion votes cast

3. the national policy for hiring new employees which requires proof of eligibility to work. there are something like 20 types of identification which can be used for this.

barack obama he actually listens