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wrote...
Posts: 3218
3 years ago
Under the Coase Theorem, the role of government in solving externalities is to
A) regulate specifically what the quantity of output can be so that the efficient quantity is obtained.
B) provide a subsidy to the party that experiences the external cost.
C) define and clearly enforce property rights.
D) put a tax on the party causing the externality.
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Posts: 3218
3 years ago
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wrote...
3 years ago
I figured, great answer
wrote...
3 years ago
Great! Now we can move on to the next one
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