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In the Fable of the Bees,it Was Found That Contrary

Question 47

Multiple Choice

In the Fable of the Bees,it was found that contrary to popular belief among economists,but consistent with the Coase Theorem


A) apple growers would pay bee keepers for pollination services.
B) bee keepers would pay orchard owners for access to their flowering trees.
C) apple growers and bee keepers would reimburse each other for increasing output.
D) the transactions costs of negotiating prevented any agreements from being reached between orchard owners and bee keepers.

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