Which of the following is NOT a benefit associated with producing inputs within a firm?
A. Reduction in transaction costs.
B. Reductions in opportunism.
C. Mitigation of hold-up problem.
D. Gains of specializing.
Answer: D
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The current account does not include which of the following?
A) U.S. holdings of foreign assets B) net transfers C) net exports D) net investment income
Use a figure to explain the potential effectiveness of fiscal policy to spur on the economy under a fixed exchange rate
What will be an ideal response?
Most Keynesian macroeconomists today ________ the natural rate hypothesis, which has helped lead to the ________ of Keynesian macroeconomics in the 1990s
A) reject, near-total extinction B) reject, revival C) accept, near-total extinction D) accept, revival
Explain whether or not the ability-to-pay principle of tax equity is consistent with the benefits received principle of taxation.
What will be an ideal response?