Which of the Following Statements About Coasian Reasoning Is True

Multiple Choice

Which of the following statements about Coasian reasoning is true?

A) Coasian reasoning lacks symmetry, it does not provide a starting point for negotiations toward an efficient outcome.
B) Coasian reasoning emphasizes on the benefits received by the person having more rights compared to the others in the group.
C) Coasian reasoning explains how the costs and benefits of a transaction are distributed among the parties.
D) Coasian reasoning provides a starting point for negotiations toward an efficient outcome, if the cost of negotiation is low.