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    Managerial Economics and Business Strategy Study Set 1
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    Exam 6: The Organization of the Firm
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    A Negative Side of Long-Term Contracts Is
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A Negative Side of Long-Term Contracts Is

Question 68

Question 68

Multiple Choice

A negative side of long-term contracts is:


A) high transaction costs.
B) a loss of flexibility.
C) the continual need to renegotiate the contract.
D) None of the statements is correct.

Correct Answer:

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