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Business, 07.10.2019 18:20 Snowinvain

What must be true for the coase to hold? for the coase theorem to hold, a. transaction costs to obtain an agreement must be high. b. the externality must be generated by the consumption of a good or service. c. all parties to an agreement must have full information about the costs and benefits of the externality. d. all parties to an agreement must be willing to bluff. e. the government must monitor the negotiations to obtain an agreement.

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