According to the Coase Theorem, If Bargaining Costs Are Small

Multiple Choice

According to the Coase theorem, if bargaining costs are small, then there will be an efficient solution to the problem of toxic waste

A) if the creator of the toxic waste is assigned the property rights
B) if the victim of toxic waste is assigned the property rights
C) regardless of which party is assigned the property rights
D) if the property rights are shared equally between the creator and the victim of toxic waste
E) in the form of a pollution tax