menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics Markets
  4. Exam
    Exam 4: Spontaneous Order and the Firm
  5. Question
    Firms Exist Because of
Solved

Firms Exist Because of

Question 22

Question 22

Multiple Choice

Firms exist because of


A) incomplete contracts.
B) team production.
C) the incentive to free ride.
D) all of these choices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: Managers can be seen as monitoring _

Q18: Principal-agent problems are not addressed in the

Q19: Firms can be governed like democracies are

Q20: The structure of a firm can fail

Q21: Managers can often been seen as solving

Q23: A narrowly diversified firm has wide economies

Q24: Without contracts, what type of transactions would

Q25: The Prime Directive says look to<br>A)the market.<br>B)the

Q26: Firms exist because of the low cost

Q27: Firms would not exist if<br>A)contracts were incomplete.<br>B)residual

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines