The Growth in the Scope of Business Enterprises for Most

question 32

Multiple Choice

The growth in the scope of business enterprises for most of the 19th and 20th centuries can be attributed to a drop in administrative costs of firms relative to the transaction costs of market.This resulted from:

• A)The monopolistic power of large firms to raise prices and push down wages
• B)Globalization
• C)The growing transaction costs of markets as a result of taxes,regulation,and litigation
• D)Innovation in information and communications technology and in management

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Definitions:

Balance Disorder

A condition that makes it difficult for an individual to maintain stable posture or to move without falling.

Neurofibrillary Tangles

Twisted masses of fibers within nerve cells, found in the brains of patients with neurodegenerative diseases such as Alzheimer's.

Alzheimer Disease

A progressive neurological disorder characterized by memory loss, cognitive decline, and personality changes, resulting from the degeneration of brain cells and neural connections.

Parkinson Disease

A neurological disorder characterized by tremors, stiffness, and slow movement, resulting from the loss of dopamine-producing brain cells.