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The Coase theorem

nursecupcake

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A year ago

The Coase theorem

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shows that under certain conditions the market can internalize externalities.

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states that economic units should specialize in the production of those goods in which they have a comparative advantage.

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asserts that the firm should produce that output at which marginal cost is equal to marginal revenue.

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holds that the firm should produce that output at which marginal factor cost is equal to marginal revenue product.

Textbook

Economics

Edition: 12^th

Author: Arnold

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richardbugg

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A year ago

More solutions for this book are available here

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nursecupcake Author

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A year ago

Good timing, thanks!

jbarnett14

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Yesterday

Thanks

Harvinder

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2 hours ago

This calls for a celebration Person Raising Both Hands in Celebration

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