Computers and Technology, 29.08.2019 16:30 unknown9263
Suppose two neighbors share a park. one neighbor, al, leaves trash in the park. this bothers the other neighbor, bert. according to coase's theorem, the optimal level of trash in the park can be achieved if
a. al is fined by the government.
b. al has the right to leave trash and bert cannot do anything about it.
c. bert moves.
d. al has the right to leave trash and bert can pay him to limit his dumping.
Answers: 1
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Suppose two neighbors share a park. one neighbor, al, leaves trash in the park. this bothers the oth...
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