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:

Verified
Correct Answer:
Verified
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