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

question 136

Multiple Choice

Near an ocean beach, a high-rise building is being constructed that will block the scenic view of the ocean by 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 individual 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

---

Definitions:

Genetic Predisposition

Genetic predisposition indicates an increased likelihood of developing a particular disease or trait based on a person's genetic makeup.

Socially Anxious Behavior

Actions or tendencies that stem from an intense fear of being judged, negatively evaluated, or rejected in social or performance situations.

Panic Disorder

A type of anxiety disorder characterized by unexpected and repeated episodes of intense fear accompanied by physical symptoms.

Life-threatening Illnesses

Diseases or conditions that have the potential to cause death or significantly alter life's course, demanding immediate and aggressive management.