A do-it-yourself approach to production is more likely when a. technology is complex b. inputs are ...

Author Question: A do-it-yourself approach to production is more likely when a. technology is complex b. inputs are ... (Read 82 times)

magmichele12

Hero Member
Posts: 559

on: Jun 30, 2018

A do-it-yourself approach to production is more likely when
a. technology is complex
b. inputs are difficult to identify
c. resources cannot easily be measured
d. the price of inputs is known
e. contracts are complex

Question 2

Speculators profit by taking risks, while the actions of arbitrageurs involve no risk.
a. True
b. False

shewald78

Sr. Member
Posts: 340

Reply #1 on: Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

A

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