D2L Link to Mind x | @ chegg.com/cl x | Q ECON 202 EX x | S Studocu - Fre X MindTap - Ce X Microeconon X C chegg.com/h x | C chegg.com/h x Suppose the x + X G https:/g.cengage.com/staticb/ui/evo/index.html?deploymentld=6118212488782013780178351253&elSBN=9781778411816&id=1989981280&nbld=3804292... Relaunch to update : CENGAGE | MINDTAP Q Search this course ? Assignment # 7 (CH 10) X 9. Private solutions to correct for externalities A-7 Consider the following scenario: E Suppose that a cafe enjoys a large increase in customers whenever the jazz club next door features a band playing appealing music, because it can be easily heard from the cafe. The jazz club owner decides to purchase the cafe so that he can internalize this positive externality. ? Which of the following types of private solutions to the externality of appealing music has occurred in this case? O Moral codes and social sanctions O Integration of different types of businesses A+ O Integration of different types of businesses through merger or acquisition O Contracts O Charities O It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when one party repeatedly holds out for a better deal. This describes the problem of a breakdown in bargaining _ . Grade It Now Save & Continue Continue without saving Q Search M 10:19 PM R ENG US 2024-03-06