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The Coase theorem is the proposition that if property rights​ _____, only a small number of parties are involved and transaction costs are​ _____, then private transactions are​ _____ and the outcome is not affected by who has been assigned the property rights.

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Answer:

Exist, Low, Efficient.

Step-by-step explanation:

The Coase theorem is the proposition that if property rights​ exists, only a small number of parties are involved and transaction costs are ​low, then private transactions are​ efficient and the outcome is not affected by who has been assigned the property rights.

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