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The Coase Theorem suggests that in a world of sufficiently low transaction costs, the initial allocation of a right will impact: A. The ultimate allocation

The Coase Theorem suggests that in a world of sufficiently low transaction costs, the initial allocation of a right will impact: A. The ultimate allocation of the right, but not the distribution of wealth. B. The distribution of wealth, but not the ultimate allocation of the right. C. Both the ultimate allocation of the right and the distribution of wealth D. Neither the ultimate allocation of the right nor the distribution of wealth

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