(Consider This) The principle that private negotiation can resolve potential externalities without
resorting to government intervention is known as the Coase theorem.

Question

Quizplus · Accepted Answer

The statement provided is true. The Coase theorem states that private negotiation can resolve potential externalities without government intervention, as long as property rights are clearly defined and transaction costs are low.

(Consider This) the Principle That Private Negotiation Can Resolve Potential