If different people own the different stages of production of a commodity, a contract or market relationship helps to minimize transaction risks and creates economic value

In the figure above, the cost of producing 10,000 pizzas a day is

A) $60,000. B) $100,000. C) $40,000. D) $80,000. E) $50,000.

According to Edward Kane, because the banking industry is one of the most ________ industries in America, it is an industry in which ________ is especially likely to occur

A) competitive; loophole mining B) competitive; innovation C) regulated; loophole mining D) regulated; innovation