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Business, 25.08.2020 09:01 CoreyHammond74901

According to the Coase Theorem, in the absence of bargaining costs, A. property rights are key to determining the final outcome of a dispute. B. regardless of the initial assignment of property rights, the parties will successfully bargain to the efficient outcome. C. whichever party has the larger initial assignment of property rights will control the outcome of a dispute. D. whichever party has more money will determine the outcome of a dispute.

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