Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Individuals often don't exchange straightforwardly on business sectors. All things being equal, on the stock side, they might work in and produce through firms. The

image text in transcribed
image text in transcribed
Individuals often don't exchange straightforwardly on business sectors. All things being equal, on the stock side, they might work in and produce through firms. The clearest sorts of firms are companies, associations and trusts. As per Ronald Coase, individuals start to sort out their creation in firms when the expenses of carrying on with work becomes lower than doing it on the market.[109] Firms consolidate work and capital, and can accomplish far more prominent economies of scale (when the

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Survey of Mathematics with Applications

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

10th edition

134112105, 134112342, 9780134112343, 9780134112268, 134112261, 978-0134112107

Students also viewed these Law questions