This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the three major forms of governance and what are their ... (Read 57 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Jun 30, 2018
What are the three major forms of governance and what are their dimensions?

Question 2

Suppose that at a given level of output, a perfectly competitive firm charges a price of 12 and has average total costs of 10 . If its economic profit is 20,000 . then it must be producing:
 a. 40,000 units of output.
  b. 20,000 units of output.
  c. 30,000 units of output.
  d. 10,000 units of output.
  e. 50,000 units of output.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

Transactions take place under governance arrangements that describe the opportunities available to the parties and the constraints under which they operate.The three major forms of governance are markets, contracts, and hierarchies. The two major dimensions of governance are trade-offs and mixed-modes of governance. Decisions taken under different forms of governance entail different trade-offs. On the other hand, transactions can also take place under a mix of governance modes.

Answer to Question 2

d


fasfsadfdsfa

  • Member
  • Posts: 554
Reply 2 on: Jun 30, 2018
Excellent

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo
Major Veins and Arteries of the Neck Major Veins and Arteries of the Neck
Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot
The major veins of the body. The major veins of the body.
The major structures of the limbic system: amygdala, hippocampus, cingulate cortex, fornix, septum, ... The major structures of the limbic system: amygdala, hippocampus, cingulate cortex, fornix, septum, ...
Different forms of a gene are called alleles Different forms of a gene are called alleles
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library