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Author Question: If there is a low degree of uncertainty combined with a low degree of asset specificity, _____ will ... (Read 93 times)

lilldybug07

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on: Jun 30, 2018
If there is a low degree of uncertainty combined with a low degree of asset specificity, _____ will be efficient.
 a. long-term contracts
  b. short-term contracts
  c. market transactions
  d. vertical integration

Question 2

When outcomes are uncertain
 A) people always look for the sure thing.
  B) people are willing to pay risk premiums.
  C) people often need to be paid a risk premium before they take a certain course.
  D) none of these choices.


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cat123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


lilldybug07

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Reply 2 on: Jun 30, 2018
Wow, this really help

matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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