Suppose the water park has the property rights to the lake. That is, the water park has the right to a clean (unpolluted) lake. In this case, assuming the two firms can bargain at no cost, the chemical lab will the recycling method and will pay the water park per week.al profit (the chemical lab's economic profit and the water park's economic profit combined) with and without recycling. Action Profit Chemical Lab Water Park Total (Dollars) (Dollars) (Dollars) No Recycling 2,100 1,100 Recycling 1,800 1,900