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AfilCa [17]
3 years ago
14

This result proposes that private parties (consumers and producers) can solve the problem of externalities on their own. A tarif

f Scarce Theorem Social Optimum Theorem Coase Theorem
Social Studies
1 answer:
kvv77 [185]3 years ago
5 0
<span>This result proposes that private parties (consumers and producers) can solve the problem of externalities on their own. = <span>Coase theorem.
</span>Coase theorem proposes that "</span><span>when there is a disagreement about property rights, those parties concerned can find a way to come to a mutually beneficial outcome by means of bargaining or negotiating terms," according to its definition.</span><span>
</span>
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