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  2. Topic
    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 1: The Nature and Scope of Managerial Economics, Optimization Techniques and New Management Tools
  5. Question
    The Costs of Negotiating and Enforcing Contracts Are Transaction Costs
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The Costs of Negotiating and Enforcing Contracts Are Transaction Costs

Question 15

Question 15

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The costs of negotiating and enforcing contracts are transaction costs.

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