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31. According to the Coase theorem, the inefficiencies caused by externalities can be removed by the private sector if individuals enter into appropriately structured deals,
31. According to the Coase theorem, the inefficiencies caused by externalities can be removed by the private sector if individuals enter into appropriately structured deals, provided that the transaction costs of such deals are sufficiently low. A) True B) False
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Economic Issues and Policy
Authors: Jacqueline murray brux
6th edition
9781337001977, 1285448774, 133700197X, 978-1285448770
