An Attempt to Explain That Vertical Integration Is More Efficient

question 14

Multiple Choice

An attempt to explain that vertical integration is more efficient than contracting for goods and services in the marketplace when the transaction costs of buying goods on the open market becomes too great has been proposed by

• A) population theory.
• B) institution theory.
• C) freakonomics.
• D) transaction cost economics.
• E) transaction growth theory.

---

Definitions:

Obstructive Sleep Apnea

A sleep disorder where breathing repeatedly stops and starts due to throat muscles intermittently relaxing and blocking the airway.

Noisy Respiration

Abnormal breathing sounds such as wheezing or rattling, indicating an obstruction or tightening in the airways.

Disorientation

A state of confusion regarding time, place, or personal identity.

Perioperative Nursing

The field of nursing that specializes in providing care to patients who are undergoing or recovering from surgery, encompassing preoperative, intraoperative, and postoperative stages.