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sgy_89 sgy_89
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7 years ago
Private bargaining is most likely to be effective in resolving externality-related disputes when
A) the dispute involves a large number of parties
B) property rights are poorly defined.
C) the dispute involves very few parties and property rights are well defined.
D) it is very costly for the parties to negotiate a settlement.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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