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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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15 votes
15 votes
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 Jaison Justus
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16 votes
16 votes

Answer:

transaction costs is your answer

Step-by-step explanation:

User Varghesekutty
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