According to the Coase theorem,
A) government intervention is necessary in order to solve an externality problem
B) an externality is a form of market failure
C) under certain conditions,the private market will solve externality problems efficiently
D) the private market will usually solve externality problems,except when side payments are necessary
E) negative externalities are less efficient that positive externalities
Correct Answer:
Verified
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A) lies
Q67: A typical market supply curve
A)is identical to
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Q70: The free rider problem occurs when
A)individual gainers
Q71: In the presence of a negative externality
A)the
Q72: Each of the following,except one,is a condition
Q73: One way to achieve efficiency in a
Q74: ![]()
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