According to the Coase Theorem,under Which Conditions Can Private Parties

Multiple Choice

According to the Coase theorem,under which conditions can private parties solve the problem of externalities

A) if the cost of bargaining is small
B) if the initial distribution of rights favours the person being adversely affected by the externality
C) if the number of parties involved is sufficiently large
D) if the number of parties involved is sufficiently small