Question: When private bargaining is allowed to include bystanders, _____ because _____. corrective taxes are applied; interested parties negotiate corrective subsidies are applied; people are better

When private bargaining is allowed to include bystanders, _____ because _____. corrective taxes are applied; interested parties negotiate corrective subsidies are applied; people are better off better outcomes are possible; externalities are considered worse outcomes are possible; people are worse off

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