Which of the following is NOT an advantage of firm coordination of economic activity?
A) Firm coordination decreases transactions costs.
B) When firms coordinate economic activity, there are no opportunity costs.
C) Firms can take advantage of the economies of team production.
D) Economies of scope can be realized by firms that produce a range of goods and services that share specialized resources.
B
Economics
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Refer to Table 20-19. Looking at the table above, what is the rate of growth of the average price level from 2015 to 2016?
A) 1% B) 2% C) 3.5% D) 4.76% E) 5.25%
Economics
Fiscal policy may not work as policymakers intend it to work because of
A) crowding out. B) lags. C) the position of the physical production possibilities frontier. D) a and b E) a, b, and c
Economics