Prep
Bee
Pakistan
Free MCQ Practice Platform for Govt Job Exams
Home
MCQs
Quiz
Past Papers
FIA Prep
Contact
Quiz Mode
Login
Register
Preparing your study page...
Home
MCQs
Economics
MEDIUM
ENGLISH
Economics
According to the Coase theorem, private parties can solve the problem of externalities if ?
there are no transaction costs.
Correct answer
B
each affected party has equal power in the negotiations.
Option B
C
the party affected by the externality has the initial property right to be left alone.
Option C
D
There are a large number of affected parties.
Option D
Correct answer: A
Explanation
No explanation provided for this MCQ yet.
Hide Answer
Hide Explanation
Start Related Quiz
Submit Correction
More MCQs