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book Economics 11th Edition by William McEachern cover

Economics 11th Edition by William McEachern

النسخة 11الرقم المعياري الدولي: 978-1305505469
book Economics 11th Edition by William McEachern cover

Economics 11th Edition by William McEachern

النسخة 11الرقم المعياري الدولي: 978-1305505469
تمرين 5
THE COASE THEOREM Suppose a firm pollutes a stream that has a recreational value only when pollution is below a certain level. If transaction costs are low, why does the assignment of property rights to the stream lead to the same (efficient) level of pollution whether the firm or recreational users own the stream?
التوضيح
موثّق
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Same level of pollution:
When the river...

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Economics 11th Edition by William McEachern
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