Which of the Following Is NOT a Benefit Associated with Producing

question 84

Multiple Choice

Which of the following is NOT a benefit associated with producing inputs within a firm?

• A) reduction in transaction costs.
• B) gains of specializing.
• C) reductions in opportunism.
• D) mitigation of hold-up problem.

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Definitions:

Schizophrenia

A psychological condition marked by unusual conduct, peculiar speech, and a diminished capacity to grasp reality.

Waxy Flexibility

A state wherein a person’s limbs and posture can be “moulded” into different positions as if the person were made of wax. Occasionally seen in schizophrenia.

Catatonic Posturing

A symptom of certain mental conditions where a person maintains unusual, fixed body positions for a long time.

Echopraxia

The involuntary repetition or imitation of another person's actions.