The U.S. labor movement started with

How can population changes affect demand for certain goods?

(A) People at different stages of their lives have different demands. (B) Different levels of demand will cause different prices. (C) More people demanding goods will cause prices to rise. (D) Demand will exceed supply under some population conditions.

According to Coase, the efficient solution to an externality problem depends on which party can avoid the problem at the lower cost. Thus when property rights are assigned to one party or another, the two parties will agree on the efficient solution to an externality problem as long as transaction costs are low, regardless of which party is assigned the property right

Indicate whether the statement is true or false