The result that, under certain conditions, government intervention is unnecessary to fix a negative externality because it can be eliminated through bargaining between the affected people is called Multiple Choice collective bargaining. a Nash equilibrium. social justice. the Coase Theorem.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter17: Market Failure: Externalities, Public Goods, And Asymmetric Information
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The result that, under certain conditions, government intervention is unnecessary to fix a negative externality because it can be eliminated through
bargaining between the affected people is called
Multiple Choice
collective bargaining.
a Nash equilibrium.
social justice.
the Coase Theorem.
Transcribed Image Text:The result that, under certain conditions, government intervention is unnecessary to fix a negative externality because it can be eliminated through bargaining between the affected people is called Multiple Choice collective bargaining. a Nash equilibrium. social justice. the Coase Theorem.
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