Paul Owns a Home on the Top of a Hill

Multiple Choice

Paul owns a home on the top of a hill and enjoys an unobstructed view of a large wooded area.The view was a large factor in his decision to buy the house and Paul values his view at $5000 per month.Sid purchases the undeveloped wooded area with plans to build a retail shopping centre.Sid expects to earn $10,000 a month from the shopping centre,which is $3000 more than his next best alternative.
-Refer to the information above.The reciprocal nature of externalities expressed by Coase is illustrated by noting that

A) Paul is the only one harmed.
B) Sid is the only one who benefits.
C) Sid does not have to build the shopping centre.
D) if Paul is successful in legally stopping construction of the shopping centre,Sid will be harmed.
E) Paul could move elsewhere.