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Machinery of a confectioner working

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Coase analyzed the case of a doctor whose ability to examine his patients was impaired by the noise of the machinery of a confectioner working in the adjoining building.

Suppose the cost of noise to the doctor is 60.

If the confectioner's only alternative to making noise is to produce nothing, what will happen if he is held liable for the damage caused by the noise? (Being held liable for the damage means being obliged to compensate the doctor for damage caused by the noise).

Reference no: EM133082551

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