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Tree Corporation recently acquired a smaller competitor, Branch and Associates, which specializes in issues not previously covered by Tree Corporation, such as intellectual property cases.

Tree Corporation recently acquired a smaller competitor, Branch and Associates, which specializes in issues not previously covered by Tree Corporation, such as intellectual property cases. Given the increase in the firms size and complexity, it is likely that its internal transaction costs will
Multiple Choice
decrease.
increase.
transition to external transaction costs.
be eliminated.

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