Prices play a smaller role in _____, in contrast to other modes ...

[tichca]

Prices play a smaller role in _____, in contrast to other modes of governance like _____ and _____.
 a. hierarchies; markets; contracts
  b. contracts; hierarchies; markets
  c. markets; hierarchies; contracts
  d. etiquette; markets; contracts

Question 2

In the long run, if the output of a firm is zero then its total cost will be equal to its total fixed cost.
 a. True
  b. False
  Indicate whether the statement is true or false

[juicepod]

Answer to Question 1

A

Answer to Question 2

False

[tichca]

Thanks for the timely response, appreciate it

[Zebsrer]

Excellent