Steven Cheung examined the relationship between beekeepers and apple growers. Cheung noted that: "Pollination contracts usually include stipulations regarding the number and strength of ... [bee] colonies, the rental fee per hive, the time of delivery ... the protection of bees from pesticides, and the strategic placing of hives." Cheung's suggests that the relationship between beekeepers and apple growers is an example of ...
a. the Coase Theoremb. how excessive legal costs can prevent economic efficiency from being achievedc. government intervention improving economic efficiencyd. negative externalities
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