The Coase theorem says that if property rights exist and the costs of enforcing them are ________,then the market outcome is ________ and it doesn't matter who has the property rights.
A) low; inefficient
B) high; inefficient
C) low; efficient
D) high; efficient
E) stable; efficient

Question

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The Answer of The Coase theorem says that if property rights exist and the costs of enforcing them are ________,then the market outcome is ________ and it doesn't matter who has the property rights.
A) low; inefficient
B) high; inefficient
C) low; efficient
D) high; efficient
E) stable; efficient

The Coase Theorem Says That If Property Rights Exist and the Costs