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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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