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Which of the Following Is an Advantage of Carrying Out

Question 26

Multiple Choice

Which of the following is an advantage of carrying out economic transactions through firms?


A) The number of transactions carried out by a firm is fewer than that carried out in a market,thereby reducing the contracting cost.
B) Firms lack knowledge about the products they produce and distribute in a market.
C) Transactions made by or with a firm involve no opportunity cost.
D) The number of transactions carried out by a firm is more than that carried out in a market,thereby reducing the contracting cost.

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