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The Coase Theorem Suggests That Under Its Assumption, the Efficient

Question 98

Multiple Choice

The Coase Theorem suggests that under its assumption, the efficient solution to an externality problem:


A) ​depends on who owns property rights to the resources.
B) ​is enhanced by government involvement in the negotiations.
C) ​can be enhanced through the use of taxes.
D) ​does not depend on the distribution of property rights.

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