(Total Points 25) Suppose you serve on an environmental planning board for the government. Your task is to reduce air pollution around bus stops. Describe concisely how the assignment of property rights according to the Coase Theorem can improve the air quality for the city. You can define two parties associated to this problem, city dwellers and bus companies. Do not forget to describe how these rights are to be defined and how the rights are to be distributed to the parties. Is there a chance to achieve to an efficient solution

answer; /// i do believe the correct answer is (possession utility);

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;

for storing the moneys