Question 33 Which of the following makes it more likely that private solutions to externalities will succeed? Select the best ans O high transaction costs O high prices for legal services O delays in the bargaining process a small number of affected parties

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
Section10.3: Private Solutions To Externalities
Problem 3QQ
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Question 33
Which of the following makes it more likely that private solutions to externalities will succeed? Select the best answer.
O high transaction costs
O high prices for legal services
O delays in the bargaining process
a small number of affected parties
Transcribed Image Text:Question 33 Which of the following makes it more likely that private solutions to externalities will succeed? Select the best answer. O high transaction costs O high prices for legal services O delays in the bargaining process a small number of affected parties
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