Compensating wage differentials explain some income differences

Which of the following statements is true?

A) A monopoly is a price taker because it faces a downward sloping demand curve. B) A monopoly is a price maker because it faces a downward sloping demand curve. C) A perfectly competitive firm is a price taker because it faces a downward sloping demand curve. D) A perfectly competitive firm is a price maker because it faces a downward sloping demand curve.

The Coase Theorem states that the public sector can achieve environmental efficiency, as long as property rights are clearly assigned

a. True b. False Indicate whether the statement is true or false