The Coase theorem will not hold when there are too many people exerting a negative externality too many people affected

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The Coase Theorem Will Not Hold When There Are Too Many People Exerting A Negative Externality Too Many People Affected 1 (28.85 KiB) Viewed 139 times

The Coase theorem will not hold when there are too many people exerting a negative externality too many people affected by that externality. The phrase "too many people" suggest that: Select one: O A. everyone is mean. O B. there are negative transactions costs. O C. there are positive transactions costs. O D. there are zero transactions costs. O E. property rights can easily be defined.