Solved

One of the Main Problems with the Coase Theorem Is

Question 162

Multiple Choice

One of the main problems with the Coase theorem is that:


A) bargaining costs are generally not low (or zero) .
B) individuals only act in their own self-interest.
C) the consumer evaluation theorem implies that bargaining costs are not sufficiently high.
D) a corrective tax or subsidy is needed to ensure that a social optimum is reached.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions