Vertical integration can reduce transaction costs through all of the following ways except which one?
A) decreasing the incentive for litigation
B) creating managerial diseconomies
C) establishing a partnership between the two firms
D) increasing information and control
B) creating managerial diseconomies
Economics
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An increase in the number of students attending college would tend to
a. reduce the demand for college professors. b. decrease the number of college professors employed. c. increase the demand for college professors. d. reduce the wage for college professors.
Economics
Collateralized debt obligations are
A) like mortgage-backed securities except that the slices are equal. B) like mortgage-backed securities except that the slices are unequal. C) an asset for persons who buy them. D) b and c E) a and c
Economics