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According to the Coase Theorem,when Will Private Markets Solve Externality

Question 16

Multiple Choice

According to the Coase theorem,when will private markets solve externality problems and allocate resources efficiently


A) as long as private parties can bargain without cost
B) as long as government assigns property rights to the harmed party
C) as long as the externalities that are present are positive and not negative
D) as long as businesses determine an appropriate level of production

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