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Which of the following statements does%not refer to a moral limit of the Coase theorem?. Philosophy
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Philosophy
Which of the following statements does%not refer to a moral limit of the Coase theorem?
2019-08-06 08:42:09
Philosophy
Exchanges leading to efficient outcomes can be highly unfair.
Coase's theorem only applies in the presence of transaction costs.
Coase's bargaining solutions disregard distributional considerations.
The outcome of the exchanges among the affected parties depends on their relative bargaining power.
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