Order the answer to: Ronald Coase points out that a market failure does not

Paper help business-economics Order the answer to: Ronald Coase points out that a market failure does not

business-economics

Order the answer to: Ronald Coase points out that a market failure does not

Question Ronald Coase points out that a market failure does not arise simply because people ignore the external cost of their actions. What other condition is necessary? What did Coase consider to be the efficient solution to a negative externality?
Subject business-economics
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