Economics · Welfare Economics and Externalities
According to Coase's Theorem, voluntary private bargaining is used to:
- 1Impose corrective taxes on pollution
- 2Resolve externalities and prevent efficiency loss in resource allocation✓
- 3Enforce strict government regulations
- 4Facilitate commercial property transactions
Correct answer
Resolve externalities and prevent efficiency loss in resource allocation
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Welfare Economics and Externalities?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Welfare Economics and Externalities