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Assuming Transaction Costs Are Small,the Coase Theorem Would Predict That

Question 232

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Assuming transaction costs are small,the Coase theorem would predict that private parties could arrive at an efficient solution for which of the following problems?


A) One neighbor lets his dog run through another neighbor's garden, damaging her flowers.
B) One neighbor doesn't mow her yard.
C) One neighbor plays his music loudly.
D) All of the above are correct.

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