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Author Question: According to Coase, firms a. exist because the entrepreneur must prevent shirking b. should not ... (Read 13 times)

ap345

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on: Jun 30, 2018
According to Coase, firms
 a. exist because the entrepreneur must prevent shirking
  b. should not exist
  c. should not exist if all participants in a market have perfect information
  d. exist because of the transaction costs of coordinating many resources through markets
  e. increase production costs and should therefore be limited

Question 2

Those who simultaneously buy and sell currency to take advantage of exchange rate differences are called
 a. speculators
  b. hedgers
  c. entrepreneurs
  d. arbitrageurs
  e. underwriters


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SVictor

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

D

Answer to Question 2

D


ap345

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Reply #2 on: Jun 30, 2018
Thank you


SVictor

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Reply #3 on: Jun 30, 2018
No problemo


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