problem 1: coase theorem Suppose UBP textiles can dispose of its waste for free Without filter With filterWithout filterUBP250400Fisherman20050Bird watchers15025 1) What is the daily net costs or net benefits of the filter to each of ubp textiles, fisherman, and watchers 2) What is the total net social cost of not installing the filter? 3) How much would fisherman and birdwatchers be willing to compensate ubp textiles for operating with a filter? 4) If all 3 parties can communicate and negotiate with each other will ubp textiles use a filter? 5) Suppose that ubp textiles only negotiates with one of the effected groups, will UBP operate with the filter? Skip Start Solving

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