Brennan owns a dog whose barking annoys Brennan's neighbour Emily.Brennan receives personal benefit from owning the dog,and Emily bears a cost of Brennan's ownership of the dog.Assuming Brennan has the legal right to keep the dog,when can a private solution be arranged
A)A private solution can always be arranged.
B)A private solution can be arranged only if the cost Emily bears exceeds the benefit Brennan gets from his dog.
C)A private solution can be arranged only if Emily's cost equals Brennan's benefit from the dog.
D)A private solution can be arranged only if Brennan's benefit from his dog exceeds Emily's cost.

Question

Quizplus · Accepted Answer

A private solution can be arranged if the cost Emily bears exceeds the benefit Brennan gets, as Emily would be willing to pay Brennan to reduce or eliminate the barking, leading to a mutually beneficial agreement.

Brennan Owns a Dog Whose Barking Annoys Brennan's Neighbour Emily