Which of the Following Situations Would Prompt Individuals to Try

question 59

Multiple Choice

Which of the following situations would prompt individuals to try to form a team (firm) , according to Alchian and Demsetz.

• A)Jones, Smith, and Brown together produce 100 units of good X each day working alone and 90 units of good X each day working together.
• B)Jones, Smith, and Brown together produce 100 units of good X each day working alone and 120 units of good X each day working together.
• C)Jones, Smith, and Brown together produce 100 units of good X each day working alone and 100 units of good X each day working together.
• D)Jones produces more working alone than Smith or Brown produce working alone.
• E)Jones produces more working as a member of a team than Smith or Brown produce working as a member of a team.

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Definitions:

Simple Cortical Cells

Neurons in the visual cortex that respond to specific orientations of edges and lines, contributing to visual processing.

Complex Cortical Cells

Neurons located in the cerebral cortex that respond to specific visual stimuli, such as the orientation of edges and movement in a particular direction.

Hypercomplex Cortical Cells

Neurons in the visual cortex that respond to specific visual stimuli, such as the orientation and length of edges.

Lateral Geniculate

A part of the thalamus in the brain that plays a critical role in processing visual information received from the retina.