The Coase theorem applies only in the case of _____

Other things remaining the same, when a fall in the price of one good is followed by an increase in the demand for another good, both goods are said to be:

a. inferior goods. b. substitute goods. c. Giffen goods. d. public goods. e. complementary goods.

We call costs that fall directly on an economic decision maker:

A. social costs. B. private costs. C. external costs. D. network costs.