This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a reason why firms can be more efficient than markets as coordinators of ... (Read 17 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Which of the following is a reason why firms can be more efficient than markets as coordinators of economic activity?
 
  A) economies of scale and scope
  B) higher transactions charges
  C) elimination of the principal-agent problem
  D) all of the above

Question 2

Since 1970, the U.S. Gini ratio has
 
  A) increased.
  B) decreased.
  C) increased and then decreased.
  D) decreased and then increased.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Excellent

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
The Titanic carried only twenty lifeboats, a reason why so many perished in 1912. The Lusitania (abo The Titanic carried only twenty lifeboats, a reason why so many perished in 1912. The Lusitania (abo
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Competitive firms and maximization Competitive firms and maximization
Blueberry bees (Osmia ribifloris) are efficient pollinators of a variety of plants, including this b Blueberry bees (Osmia ribifloris) are efficient pollinators of a variety of plants, including this b
Video: Introduction to Diabetes

For a complete list of videos, visit our video library