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Blababa [14]
3 years ago
13

The Coase Theorem states that

Business
1 answer:
choli [55]3 years ago
7 0

Answer:B. if transaction costs are​ low, private bargaining will result in an efficient solution to the problem of externalities.

Explanation:

The coarse theorem:

If there is a conflict between parties this will lead to an effecient results irrespective of who won the right to the property as long as the transaction cost related to the price negotiation is insignificant.

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