Which of the following is an implication of the Coase Theorem?
Government intervention i...
Social Studies, 25.03.2020 17:53 barstr9146
Which of the following is an implication of the Coase Theorem?
Government intervention is not always necessary to solve externality problems.
Taxation leads to an efficient allocation of resources regardless of who holds the property rights.
Bargaining cannot lead to an efficient allocation of resources.
Negotiation leads to an efficient outcome if transaction costs are high.
Answers: 3
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