In the face of market failure, coase has given the opposite answer: external-utility problems can be solved by explicitly using the market, without government intervention. And zhang wuchang is more absolute, he said that there is no so-called external utility, there is only unclear property rights. Anyway, coase brought revolutionary innovation to market concepts. He made it clear that the key to the market was not the "price mechanism" of impersonal machinery, but the power of participants in economic activity. (1) the equity of enterprises in general (including the transfer of shares, or shares, buy and sell, should according to the state administration of taxation on several tax equity investment business issues notice "(guoshuifa (2000) no. 118) the relevant provisions. Where the equity transferor should share the accumulated undistributed profit or accumulated surplus accumulation fund of the investor, the income derived from the transfer of equity shall not be recognized as the income derived from the nature of the dividend. Phoenix iMarkets compiled from ZeroHedge, according to government data compiled by Labyrinth consulting services, the growth trend of U.S. personal vehicle mileage (VMT) has been steady since June 2017. The possibility of a halt to growth in U.S. personal vehicle miles (VMT) has been around since the start of 2014, which could signal a slowdown in crude oil consumption. In economic terms, the benefits of holding any two currencies should be equal in the equilibrium of the foreign exchange market, which is: Ri=Rj (interest rate parity). Here, R stands for yield, and I and j represent currencies of different countries. If the benefits of holding two currencies are unequal, you will have A arbitrage: buy A kind of foreign exchange and sell B foreign exchange. When you decide that you want to create maximum profits in Forex trading, something else that you'll need to complete is to create sure that you create a long-term strategy. Even though investing of currency for profits is usually a fantastic way to increase your portfolio in the short term, it's not as good as a long lasting strategy also it needs a large amount of monitoring. You therefore have to design a long term strategy that may enable you to view your investments rising steadily within the months as well as the years. Attract capital and people In terms of the purchase of intermediate products in the market, because a lot of manufacturers are generally buy goods from a handful of suppliers, it is beneficial to this a few suppliers to achieve economies of scale and reduce the cost of production. Moreover, market competition pressure between intermediate product suppliers forces suppliers to reduce production costs. In addition, when a few suppliers in the face of many intermediate products of demanders, these a few suppliers can be avoided due to the limited market demand caused by unstable, the loss that may lead to maintain a stable overall sales. The correlation between optimal spending budget and effective activity-based costing is very important to sound business strategic options designed to maximize the wealth producing capacity from the enterprise. In these series on effective cost assignment and optimal cash strategy, we're going to focus on the pertinent strategic cost questions and proffer some operational guidance.