Each of the following,except one,is a condition necessary for a private market solution to an externality problem.Which is the exception?

Question

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Private market solutions to externalities are usually more effective when the amount of money involved is significant. If the monetary value is very small, then the potential gain from the transaction may not be worth the transaction costs, and the parties may not find it profitable to negotiate a solution. Therefore, D is the exception, as a small amount of money involved is not necessary for a private market solution.

Each of the Following,except One,is a Condition Necessary for a Private