According to Part II of the Coase Theorem,to Achieve the Efficient

Multiple Choice

According to part II of the Coase theorem,to achieve the efficient solution to an externality:

A) the party imposing the externality must be assigned the property rights.
B) property rights must be periodically switched between the parties.
C) the government must impose taxes or subsidies.
D) property rights must be assigned to one party or the other.