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Title: Ronald Coase was awarded the 1991 Nobel Prize in Economics primarily for addressing problems related ... Post by: Migo7s on Oct 9, 2019 Ronald Coase was awarded the 1991 Nobel Prize in Economics primarily for addressing problems related to externalities. Which of the following describes Coase's work? ▸ Coase proved that a competitive market achieved a greater degree of economic efficiency than a non-competitive market when externalities occur. ▸ Coase proved that economic efficiency cannot be achieved in a market that is affected by positive or negative externalities. ▸ Coase argued that under some circumstances private solutions to the problems of externalities will occur. ▸ Coase argued that government intervention is necessary to achieve economic efficiency in markets that are affected by externalities. Title: Ronald Coase was awarded the 1991 Nobel Prize in Economics primarily for addressing problems related ... Post by: jackjohnson74 on Oct 9, 2019 Content hidden
Title: Ronald Coase was awarded the 1991 Nobel Prize in Economics primarily for addressing problems related ... Post by: Migo7s on Oct 9, 2019 Thanks for your help!
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