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Have you got any ? http://rockettube.fun rockettube The Coase Theorem says that, without transaction costs, a factory owner could negotiate a deal with the neighbors to pay them to endure the pollution – or the neighbors could get together and pay the factory owner to stop polluting. The results for society would be the same: If the factory owner paid, the price of widgets would go up to compensate for the extra cost; the wider public buying the widgets would wind up paying the cost of pollution reduction.

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