According to the Coase Theorem,if Transactions Costs Are Low and Property

question 70

Multiple Choice

According to the Coase theorem,if transactions costs are low and property rights exist,

• A)negative externalities cause deadweight losses.
• B)positive externalities cause deadweight losses.
• C)private transactions are efficient.
• D)public transactions are efficient.
• E)the efficient level of pollution will be zero.