1 Question 7 (Mandatory) (1.6 points) E Listen The Coase theorem states that assigning property rights is the only thing the government should do in a market economy. O if transactions costs are low, private bargaining will result in an efficient solution to the problem of externalities. a free-market equilibrium is the best solution to address externalities. government intervention is always needed if externalities are present. Question 8 (Mandatory) (1.6 points) Listen A pair of sweatpants is a rival good. True False Question 9 (Mandatory) (1.6 points) acid rain. Quizzes - 23SP MA.... DOLL POWERPOINT PRINTING 6 SLIDES PER PAGE ONLY