Author Question: The Coase theorem holds well in situations where information and transaction costs are substantial. ... (Read 19 times)

c0205847 · **on:** Jun 30, 2018

The Coase theorem holds well in situations where information and transaction costs are substantial.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Proponents of inward-oriented policies ignore the fact that natural resources are exhaustible, so their long-run market value will fall.
a. True
b. False
Indicate whether the statement is true or false