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Question 1 4 5 pts The Coase theorem states that, in the presence of cost externalities, an optimal equilibrium can be attained defines property rights

Question 14
5 pts
The Coase theorem states that, in the presence of cost externalities, an optimal equilibrium can be attained
defines property rights for all the coarse products
by correctly defining property rights and through negotiation between the parties.
with government taxation.
by prohibiting production.
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