The more complicated the process used to produce a good, a. the ...

[tiara099]

The more complicated the process used to produce a good,
 a. the greater are the transaction costs of organizing production through markets
  b. the lower are the transaction costs of organizing production through markets
  c. the less likely a firm will use administrative controls to organize the production process
  d. the more likely a firm will use the market to organize the production process
  e. the more likely consumers will choose to purchase the good over other alternatives in the market

Question 2

The purchasing power parity theory helps explain long-run trends in exchange rates, but not short-run fluctuations.
 a. True
  b. False

[bigcheese9]

Answer to Question 1

A

Answer to Question 2

A

[tiara099]

Gracias!

[gcook]

TYSM