It Is Reasonable to Assume That If There Were No

question 72

Multiple Choice

It is reasonable to assume that if there were no transaction costs in organizing production, _____.

• A) contracts would be incomplete
• B) mergers would not add value to firms
• C) diversification would increase the financial risk of a company
• D) firms would not need to exist

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Definitions:

Gender Neutrality

The idea that policies, language, and other social institutions should avoid distinguishing roles according to people's sex or gender, in order to avoid discrimination.

Psychohistorical Analysis

The application of Erikson’s lifespan theory, along with psychoanalytic principles, to the study of historical figures.

Primary Research Method

Original and direct investigation or gathering of data for a specific research purpose or project.

Case Study

A research method involving an up-close, in-depth, and detailed examination of a subject of study (the case), as well as its related contextual conditions.