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In many cities, apartments are built quite close to rail lines. The sound (and vibration) of the trains creates a negative externality for many of
In many cities, apartments are built quite close to rail lines. The sound (and vibration) of the trains creates a negative externality for many of the residents in these apartments. Is it possible for this negative externality to be resolved privately (without government intervention)? 0 Yes the conditions of the Coase Theorem have been satisfied 0 No the conditions of the Coase Theorem have been satisfied 0 Yes the conditions of the Coase Theorem have not been satised 0 No the conditions of the Coase Theorem have not been satisfied
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