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According to the Coase Theorem, _____ in Order to Solve

Question 7

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 least-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​

Correct Answer:

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