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Firms Cope with Uncertainty and Incomplete Information by Using

Question 71

Multiple Choice

Firms cope with uncertainty and incomplete information by using


A) sole proprietorship, limited liability, and market coordination.
B) ownership, incentive pay, and long-term contracts.
C) team production, economies of scale, and transactions costs.
D) the market, the firm, and internal organization.
E) team production, economies of scale, and transaction costs.

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