Author Question: A do-it-yourself approach to production is more likely when a. technology is complex b. inputs are ... (Read 89 times)

magmichele12

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A do-it-yourself approach to production is more likely when
 a. technology is complex
  b. inputs are difficult to identify
  c. resources cannot easily be measured
  d. the price of inputs is known
  e. contracts are complex

Question 2

Speculators profit by taking risks, while the actions of arbitrageurs involve no risk.
 a. True
  b. False



shewald78

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Answer to Question 1

D

Answer to Question 2

A



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