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Author Question: Which of the following can lead to a firm being more efficient that a market? A firm can have I. ... (Read 55 times)

tichca

  • Hero Member
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  • Posts: 554
on: Jun 29, 2018
Which of the following can lead to a firm being more efficient that a market? A firm can have I. economies of scale. II. economies of scope. III. lower transactions costs.
 
  A) III only
  B) I and II
  C) II and III
  D) I, II and III

Question 2

The Gini ratio is a measure of
 
  A) income inequality.
  B) wealth distribution.
  C) income distribution.
  D) income as compared to wealth.


Harbringer

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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