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Collectively, the 10,000 residents of Westboro value swimming in Britannia Beach at $100,000. The nearby Tembec Paper Mill pollutes the river water and would have

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Collectively, the 10,000 residents of Westboro value swimming in Britannia Beach at $100,000. The nearby Tembec Paper Mill pollutes the river water and would have to pay $50,000 for nonpolluting equipment. A. Using the Coase Theorem, develop a solution to this problem. B. Can you think of any reasons why this solution might not work in the real world? 1 i * B I E E

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