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

Author Question: According to Coase, firms a. exist because the entrepreneur must prevent shirking b. should not ... (Read 15 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
According to Coase, firms
 a. exist because the entrepreneur must prevent shirking
  b. should not exist
  c. should not exist if all participants in a market have perfect information
  d. exist because of the transaction costs of coordinating many resources through markets
  e. increase production costs and should therefore be limited

Question 2

Those who simultaneously buy and sell currency to take advantage of exchange rate differences are called
 a. speculators
  b. hedgers
  c. entrepreneurs
  d. arbitrageurs
  e. underwriters


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SVictor

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


ap345

  • Hero Member
  • *****
  • Posts: 537
Reply #2 on: Jun 30, 2018
Thank you


SVictor

  • Sr. Member
  • ****
  • Posts: 365
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
All oily shop cloths should be stored in a metal container equipped with a lid to help prevent ... All oily shop cloths should be stored in a metal container equipped with a lid to help prevent ...
Hexoses exist in boat and chair conformations Hexoses exist in boat and chair conformations
Evaluate the following limits, if they exist - Pt 2 Evaluate the following limits, if they exist - Pt 2
What mechanisms prevent interspecies and same-sex breeding? What mechanisms prevent interspecies and same-sex breeding?
Competitive firms and maximization Competitive firms and maximization
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library