Author Question: Which of the following would not limit the extent of a firm's vertical integration? a. the ... (Read 74 times)

mpobi80 · **on:** Jun 30, 2018

Which of the following would not limit the extent of a firm's vertical integration?
a. the managers' bounded rationality
b. a large minimum efficient scale of producing inputs relative to the firm's input requirements
c. the fact that the quality of inputs is easily determined at the time of purchase
d. many interchangeable suppliers of the firm's inputs
e. high transaction costs of contracting with resource suppliers

Question 2

The international financial system operated under a gold standard
a. from the 1500s through the present
b. from 1879 through the present
c. from 1879 to 1914
d. from 1914 to 1939
e. never