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One of the main problems with the Coase theorem is that: Group of answer choices transaction costs are generally not low (or zero). individuals only
One of the main problems with the Coase theorem is that: Group of answer choices transaction costs are generally not low (or zero). individuals only act in their own self-interest. the consumer evaluation theorem implies that transaction costs are not sufficiently high. a Pigouvian tax or subsidy is needed to ensure that a social optimum is reached
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