The idea that when externalities are present private parties can arrive at the efficient solution without government intervention under certain circumstance is known as ? | MCQ Hive

Economics Mcqs

Q The idea that when externalities are present private parties can arrive at the efficient solution without government intervention under certain circumstance is known as ?

A A. The coase theorem
B B. Arrow’s impossibility theorem
C C. The drop -in-the bucket problem.
D The free rider problem

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