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What could one correct for the negative externalities stemming from radio frequency overlap in the broadcasting...

What could one correct for the negative externalities stemming from radio frequency overlap in the broadcasting market?

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Answer #1

The exernality of radio frequency overlapping in the broadcasting market can be resolved using:

  1. Defining proper property rights among the radio broadcaster by granting them specific allocation of bandwidth.
  2. Also a fine can be introduced for the intrusion of the user well defined bandwidth privilege.
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