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Near an ocean beach, a high-rise building is being constructed that will block the scenic view of the ocean by the residents of a low-rise building. The Coase theorem suggests that this type of dispute between the owners of high-rise and low-rise buildings:

a Can be resolved by the owners themselves through individual bargaining

b Has to be resolved by city government officials

c Can only be resolved by a zoning ordinance restricting high-rise buildings

d Should be resolved by a government fine for the builder of the high-rise

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9440233

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