Question: Why is the Coase theorem often inapplicable to real world situations? Question 7Answer a. Bargaining outcomes are usually inefficient b. The government usually intervenes c.

Why is the Coase theorem often inapplicable to real world situations? Question 7Answer a. Bargaining outcomes are usually inefficient b. The government usually intervenes c. Trades in externalities are impossible d. Transaction costs are rarely low

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