According to the Coase Theorem,there Will Be an Efficient Solution

question 57

Multiple Choice

According to the Coase theorem,there will be an efficient solution to the problem of toxic waste _____

• A)if the creator of the toxic waste is assigned the property right and the bargaining costs are high.
• B)if the victim of toxic waste is assigned the property right and the bargaining costs are high.
• C)regardless of which party is assigned the property right as long as the bargaining costs are small.
• D)if the property rights are shared equally between the creator and the victim of toxic waste.
• E)if the government intervenes.

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