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4. According to the Coase theorem, externalities can be internalized when transactions costs are zero through: a. corrective taxes and subsidies. b. effluent fees. c.

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4. According to the Coase theorem, externalities can be internalized when transactions costs are zero through: a. corrective taxes and subsidies. b. effluent fees. c. assigning property rights to resource use but outlawing their exchange. d. assignment of property rights to use resources and allowing free ex change of assigned property rights

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