题目
单项选择题
Which of the following best describes the Coase theorem?
选项
A.Externalities can be eliminated through subsidies and taxes.
B.Externalities can be internalized through government intervention.
C.Externalities can be ignored if they are small.
D.Externalities can be internalized through private bargaining and negotiation, provided transaction costs are low.
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标准答案
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思路分析
To answer this question, we need to recall what the Coase theorem states and then evaluate each description against that idea.
Option 1: 'Externalities can be eliminated through subsidies and taxes.' This describes typical Pigouvian-style government interventions, not the Coase theorem. The Coase theorem does not require subsidies or taxes to internalize externalities; it focuses on private bar......Login to view full explanation登录即可查看完整答案
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