The Coase Theorem Says That Which of the Following Is

question 95

Multiple Choice

The Coase Theorem says that which of the following is necessary to lead to an efficient use of resources?

• A) presence of transaction costs
• B) existence of property rights
• C) government intervention
• D) All of the above answers are correct.

---

Definitions:

Flexible Conditions

Situations or environments that can easily adapt or adjust to changing circumstances or requirements without significant disruption.

Environmental Demand

Represents the pressures and requirements placed on an organization or individual by environmental factors, including natural, social, and regulatory aspects.

Organic Design

An organizational structure that is flexible and adaptable, often characterized by less formal rules and decentralized decision-making.

Horizontal Structure

An organizational design focusing on teamwork and collaboration rather than hierarchy, often with few or no levels of middle management.