According to the Coase Theorem,_____

Multiple Choice

According to the Coase theorem,_____

A) government regulation is necessary to eliminate negative externalities.
B) externality problems can be solved efficiently by the assignment of property rights if transaction costs are low.
C) it is necessary to assign property rights when bargaining costs are high.
D) the assignment of property rights lead to equitable but inefficient solutions to externality problems.
E) externality problems can be solved efficiently by the assignment of property rights if transaction costs are high.