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Consider the following characteristics: a. low transactions costs b. small levels of pollution c. high levels of pollution d. clear assignment of property rights which of the above are assumptions behind the coase theorem?
a. a, b, and d
b. a, c, and d
c. a and d
d. a only
Answers: 3
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Consider the following characteristics: a. low transactions costs b. small levels of pollution c. h...
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