Multiple Choice
Economists Alchian and Demsetz suggest that firms are formed when
A) the sum of what individuals can produce alone is greater than what they can produce as a team.
B) someone wants to earn profits.
C) someone comes up with the idea that customers will buy a new product.
D) the sum of what individuals can produce as a team is greater than the sum of what they can produce alone.
Correct Answer:
Verified
Correct Answer:
Verified
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