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tftc4e tftc4e
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6 years ago
When negative externalities exist, a voluntary agreement can be negotiated. Which of the following statements is TRUE?
A) Voluntary agreements usually do not work since the owner has no incentive to negotiate.
B) Transactions costs must be low relative to the expected benefits of reaching an agreement.
C) Voluntary agreements are difficult to negotiate because they usually involve government intervention.
D) Voluntary agreements always leave the owner worse off.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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wrote...
6 years ago
 B
tftc4e Author
wrote...
6 years ago
White Checkmark
wrote...
6 years ago
...I assume it was right Smiling Face with Open Mouth
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