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In: Economics

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

The Coase Theorem argues that:

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

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

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

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

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