Which of the following prevents private market negotiations from adequately addressing an externality? a. Unclear property rights

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Which of the following prevents private market negotiations from adequately addressing an externality?

a. Unclear property rights

b. Perfect competition

c. Allocative efficiency

d. Low or zero transaction costs

e. Perfectly symmetric information

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Posted Date: Mar 03, 2023 01:33 AM

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Which of the following prevents private market negotiations from adequately addressing an externality? a. Unclear property rights

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