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According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the ______ is (are) relatively low.
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According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the ______ is (are) relatively low.

User Hives
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Answer:

transaction costs is your answer

Step-by-step explanation:

User Jazmit
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