Increase in the number of transactors makes it difficult to negotiate private agreements for environmental goods.

Name: Increase in the number of transactors makes it difficult to negotiate private agreements for environmental goods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the number of transactors increases, it becomes difficult to negotiate private agreements for environmental goods because it requires coordination and communication among a large group of individuals, which can lead to free-rider problems and transaction costs.

Increase in the Number of Transactors Makes It Difficult to Negotiate