Author Question: Which of the following is a reason why firms can be more efficient than markets as coordinators of ... (Read 65 times)

Redwolflake15 · **on:** Jun 29, 2018

Which of the following is a reason why firms can be more efficient than markets as coordinators of economic activity?

A) economies of scale and scope
B) higher transactions charges
C) elimination of the principal-agent problem
D) all of the above

Question 2

Since 1970, the U.S. Gini ratio has

A) increased.
B) decreased.
C) increased and then decreased.
D) decreased and then increased.