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    Microeconomics Theory with Applications
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    Exam 18: Assymmetric Information, the Rules of the Game, and Externalities
  5. Question
    When Externalities Are Present the Assigning of Property Rights
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When Externalities Are Present the Assigning of Property Rights

Question 29

Question 29

Multiple Choice

When externalities are present the assigning of property rights


A) interferes with the Nash equilibrium
B) impedance the efficiency of markets
C) is not a Pareto improvement
D) reduces overall wealth

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