When a Particular Negative Externality Affects a Very Large Number

Multiple Choice

When a particular negative externality affects a very large number of people, it is likely that

A) government will not find it worthwhile to impose a corrective tax.
B) private solutions to the problem will dominate any attempt by government to alleviate the problem.
C) the solution to externalities suggested by the Coase theorem will work very well.
D) the solution to externalities suggested by the Coase theorem will not work.