This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a reason why firms can be more efficient than markets as coordinators of ... (Read 85 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
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
Answer to Question 1

A

Answer to Question 2

A




Redwolflake15

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


atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library