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  3. the coase theorem argues that: externality p

The Coase Theorem argues that: Externality problems will always be resolved via negotiation and will never require...

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Economics

The Coase Theorem argues that:

Externality problems will always be resolved via negotiation andwill never require government intervention to correct.

Externality problems will never be resolved via negotiation butwill often require government intervention to correct.

Externality problems will sometimes be resolved via negotiationand will always require government intervention to correct.

When many individuals are involved, externality problems will becorrected without government intervention.

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