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The Coase Theorem states that
A. if transaction costs are​ low, private deals will create externalities and result in inefficient outcomes.
B. if transaction costs are​ low, private bargaining will result in an efficient solution to the problem of externalities.
C. if transaction costs are​ low, the government will regulate an efficient solution to the problem of externalities.
D. if transaction costs are​ low, private markets will create externalities and result in efficient outcomes.
E. if imposed on free​ markets, government regulations will result in inefficient outcomes and create deadweight loss.

Respuesta :

Answer:B. if transaction costs are​ low, private bargaining will result in an efficient solution to the problem of externalities.

Explanation:

The coarse theorem:

If there is a conflict between parties this will lead to an effecient results irrespective of who won the right to the property as long as the transaction cost related to the price negotiation is insignificant.

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