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Mathematics, 25.07.2019 03:20 lee2125
Mary and cathy are roommates. mary assigns a $30 value to smoking cigarettes. cathy values smoke-free air at $15. which of the following scenarios is a successful example of the coase theorem? a. cathy offers mary $20 not to smoke. mary accepts and does not smoke. b. mary pays cathy $16 so that mary can smoke. c. mary pays cathy $14 so that mary can smoke. d. cathy offers mary $15 not to smoke. mary accepts and does not smoke.
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Mary and cathy are roommates. mary assigns a $30 value to smoking cigarettes. cathy values smoke-fre...
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