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According to the Coase Theorem,_____ in Order to Solve a Negative

Question 78

Multiple Choice

According to the Coase theorem,_____ in order to solve a negative externality problem efficiently.


A) the property right must be assigned to the party with the highest-cost alternative
B) the property right must be assigned to the victim of pollution
C) bargaining costs must be high
D) bargaining costs must be low
E) property rights must be determined by the government

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