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Home Q & A Board Other Fields Homework Help Business Economics
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Retnec Retnec
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When property rights are poorly defined, negotiation cannot be used to internalize external costs because no party is in a position to charge for the use of the abused resource.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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VilaVila
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Retnec Author
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Thanks for your help!!
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Just got PERFECT on my quiz
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