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    Managerial Economics Study Set 1
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    Exam 3: Exchange and Markets
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    A Business Manager Has to Decide Whether to Buy Supplies
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A Business Manager Has to Decide Whether to Buy Supplies

Question 1

Question 1

Essay

A business manager has to decide whether to buy supplies from the marketplace or whether to build them inside the company.What do "information" and "contracting" have to do with this decision?

Correct Answer:

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