According to the Coase Theorem,when Will Private Markets Solve Externality

question 16

Multiple Choice

According to the Coase theorem,when will private markets solve externality problems and allocate resources efficiently

• A)as long as private parties can bargain without cost
• B)as long as government assigns property rights to the harmed party
• C)as long as the externalities that are present are positive and not negative
• D)as long as businesses determine an appropriate level of production