« previous next »

Author Question: Why do vertical contracts impose restraints and obligations?[br][br][b][color=black]Question ... (Read 34 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jun 30, 2018
Why do vertical contracts impose restraints and obligations?

Question 2

Seeking profits without producing anything
 A) is called rent-seeking
  B) is illegal
  C) usually involves government
  D) all of these choices


Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

The success of a vertically de-integrated chain can require efforts at one stage that those at another stage cannot easily observe or evaluate. To elicit the desired behavior, vertical contracts may impose obligations that are superficially uncompetitive but allow the creation of greater economic value.

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Variation in coat pattern in zebras. The patterns show progressively more black left to right and to Variation in coat pattern in zebras. The patterns show progressively more black left to right and to
Rashid Johnson, Souls of Black Folk. Rashid Johnson, Souls of Black Folk.
The method of Land’s (1977) color-vision experiments. Subjects viewed Mondrians illuminated by ... The method of Land’s (1977) color-vision experiments. Subjects viewed Mondrians illuminated by ...
Economics question Economics question
economic question economic question
economic question economic question
Video: Introduction to Tuberculosis

For a complete list of videos, visit our video library