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.
Correct Answer:

Verified
Correct Answer:
Verified
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