Near an Ocean Beach, a High-Rise Building Is Being Constructed

question 149

Multiple Choice

Near an ocean beach, a high-rise building is being constructed that will block the scenic view of the ocean for the residents of a low-rise building. The Coase theorem suggests that this type of dispute between the owners of high-rise and low-rise buildings

• A)can be resolved by the owners themselves through private bargaining.
• B)has to be resolved by city government officials.
• C)can only be resolved by a zoning ordinance restricting high-rise buildings.
• D)should be resolved by a government fine for the builder of the high-rise.

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Definitions:

Influence Tactics

Strategies or methods used by individuals to persuade or direct others' behaviors and decision-making in a desired manner.

Immediate Outcome

The direct and initial result of an action or event, occurring as a direct consequence of that action or event.

Delayed Outcome

A result or effect that does not manifest immediately after the initiating action, but appears after a certain period of time.

Effects

The results or outcomes that are caused by some action, condition, or event.