Disadvantage of producing inputs within a firm
Course:- Microeconomics
Reference No.:- EM13700184

Assignment Help >> Microeconomics

Which of the following is the primary disadvantage of producing inputs within a firm?

A. increases in transaction costs.

B. loss of specialization.

C. reductions in opportunism.

D. mitigation of hold-up problems.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Microeconomics) Materials
Are all seats sold? If not, wouldn't the airline make more money by selling more seats at a lower price - Explain the conditions necessary for a firm to practice 3rd degree
What is the equilibrium price and quantity? Calculate the values of consumer surplus (CS) and producer surplus (PS) in this market. Now suppose people are buying twice as much
Give examples of scenarios that would cause a change in demand versus a movement along the same demand curve and supply curve for this product. Discuss the new equilibrium p
The owner of a tropical forest harvests timber so as to maximize his own profit from the land. This forested land also provides habitat for wild beehives that pollinate the cr
Imagine a society that reduces military good and customer goods, which we will call “butter” and “guns”. Draw a production possibilities frontier for butter and guns. Using th
Why does the magnitude of the crowding-out effect depend on how responsive interest rates are to increased government borrowing and how responsive investment is to changes i
You own and operate a fruit stand. Your demand curve is given by P = .5 - .002Q, where P is in dollars and Q is in pounds of fruit. Your marginal cost curve is MC = .006Q
A consumer lives three periods, called the learning period, the working period, and the retirement period.  Her income is 200 during the learning period, 800 during the workin