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Author Question: According to Coase, the optimal allocation of resources is guided by a. the decisions of a firm's ... (Read 57 times)

segrsyd

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on: Jun 30, 2018
According to Coase, the optimal allocation of resources is guided by
 a. the decisions of a firm's managers
  b. market prices when market transaction costs are greater than the firm's internal organization costs
  c. the decisions of a firm's managers when market transaction costs are greater than the firm's internal organization costs
  d. the decisions of a firm's managers when market transaction costs are less than the firm's internal organization costs
  e. entrepreneurs

Question 2

Which of the following statements concerning speculators is true?
 a. There is no risk involved in speculative activity.
  b. They simultaneously buy and sell a currency in different markets.
  c. They hope to profit by trading a currency at a different exchange rate later.
  d. Their actions do not affect exchange rates.
  e. Their actions are exactly like those of arbitrageurs.


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KKcool

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

C

Answer to Question 2

C


segrsyd

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Reply 2 on: Jun 30, 2018
Excellent

sarah_brady415

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Reply 3 on: Yesterday
Wow, this really help

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