What are some of the solutions for a hold-up problem?
a. Mergers
b. Contracts
c. Exchange of ‘hostages'
d. All the above
d
Economics
You might also like to view...
In the long run, which of the following explains why are there no changes to returns to capital and wages when FDI or labor immigration occurs?
a. World prices of output are unchanged. b. Marginal productivities are unchanged. c. There is no change in the capitallabor ration in either industry. d. World prices of output and marginal productivities are unchanged.
Economics
An example of a nonrenewable resource would be:
A. Forests B. Oceans C. Gold ore D. Solar energy
Economics