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Economics
Roberto and Thomas live in a university hall of residence Roberto values playing loud music at a value of €100. Thomas values Pease and quiet at a value of €150. Which of the following statements is true ?
It is efficient for Roberto to stop playing loud music regardless of who has the property right to the level of sound
Correct answer
B
it is efficient for Roberto to continue to play loud music
Option B
C
It is efficient for Roberto to stop playing loud music only if Thomas has the property right to peace and quiet
Option C
D
It is efficient for Roberto to stop playing loud music only if Roberto has the property right to play loud music
Option D
Correct answer: A
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