If Transactions Costs Are Low,then Assigning Property Rights in a Market

Multiple Choice

If transactions costs are low,then assigning property rights in a market with external costs
i.increases the deadweight loss.
ii.means private transactions are efficient.
iii.means that only consumers must pay the external costs.

A) i only
B) ii only
C) ii and iii
D) i and iii
E) i and ii