
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 Emily has the legal right to peace and quiet,which action is necessary
A) If Brennan's benefit exceeds Emily's cost, government intervention is necessary.
B) Brennan will pay to keep his dog if his benefit exceeds Emily's cost.
C) If Emily's cost exceeds Brennan's benefit, Brennan will pay Emily to keep his dog.
D) If Emily has the legal right to peace and quiet, she only has to pay Brennan when her cost is below his benefit.
Correct Answer:
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