________ coordinate economic activity in which there are substantial ________
A) Markets; team production efficiencies
B) Markets; transactions costs
C) Firms; economies of scale
D) Firms; principal-agent problems
C
Economics
You might also like to view...
The supply curve is upward sloping because of
A) increasing marginal cost. B) decreasing marginal benefit. C) decreasing marginal cost. D) increasing marginal benefit. E) increasing total cost.
Economics
Which of the following does NOT increase labor productivity?
A) increases in aggregate hours B) physical capital growth C) human capital growth D) technological advances
Economics