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) Consider a situation in which a utility company emits high levels of sulfur dioxide and the company is not liable for the damages its
) Consider a situation in which a utility company emits high levels of sulfur dioxide and the company is not liable for the damages its pollution causes. According to the Coase theorem, government action is ________ to achieve an ________ amount of pollution. 9) A) necessary; equitable B) not necessary; efficient C) not necessary; equitable D) necessary; efficient
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