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Ryan37sport Ryan37sport
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6 months ago

According to the Coase theorem, externalities



must usually be internalized by taxation or subsidy.



can be internalized by the market under certain conditions.



result when firms fail to maximize profits.



cannot be internalized if property rights are assigned.



are not relevant to the issue of market failure.

Textbook 
Economics

Economics


Edition: 12th
Author:
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allegri87allegri87
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6 months ago
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Ryan37sport Author
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6 months ago
This helped my grade so much Perfect
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Yesterday
this is exactly what I needed
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2 hours ago
Good timing, thanks!
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