The coase theorem is the proposition that if property rights only a small number of parties are involved and transaction costs are then private transactions are and the outcome is not affected by who has been assigned the property rights.

Exist, Low, Efficient.

Explanation:

The Coase theorem is the proposition that if property rights exists, only a small number of parties are involved and transaction costs are low, then private transactions are efficient and the outcome is not affected by who has been assigned the property rights.

answerattainable;