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

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
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
What good does Mary have the comparative advantage in production? Explain your answer for full credit. In the space below draw the joint production possibility frontier for M
1. Use the utility function: U = xy with the budget constraint: m = PxX + PyY to answer the following questions. a. Determine the optimal consumer purchases. b. Derive the o
The U.S. is in recession and, at last report, GDP was shrinking at a rate of 1% per year. The unemployment rate is rising and now stands at 7%. In recent months, the rat
Jamaica is the 4th largest island nation of the Greater Antilles.It is situated in the Caribbean Sea south of Cuba, and west of Hispaniola, the island containing the nation-
Explain why government regulation is needed, citing the major reasons for government involvement in a market economy and justify the rationale for the intervention of governme
Consider a corporation's decision to undertake a pollution prevention program as part of its pro- duction process. Briefly describe how this undertaking might affect the mar
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4
Now suppose that the government acts more realistically and decides to run a massive deficit of $1500 dollars no matter what the interest rate is in the economy. What is the