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The Coase theorem says that, if property rights are clearly defined and the number of parties involved is small, __________. Group of answer choices the

The Coase theorem says that, if property rights are clearly defined and the number of parties involved is small, __________.

Group of answer choices

the market will internalize any externalities that are present

there will be market failure

new laws will be required to correct for any externalities

taxes can correct for any market failure

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