All categories

2 years ago

According to economists Alchian and Demsetz, firms are formed when

Business

2 answers:

ycow [4]2 years ago

3 0

Answer:A

Explanation:This question is self explanatory,Alchian and Demsetz are of the options that firms involves a group of people coming to produce goods which brings about greater output than that of individuals .Their focus was mainly on team production in analysing the theory of firms rather than output per individual

Alex787 [66]2 years ago

3 0

Answer:

A) the sum of what individuals can produce as a team is greater than the sum of what individuals can produce working alone.

Explanation:

Alchain and Demsetz studied organizations as a cooperative and specialized union resulting from an increase in productivity and lower costs, in other words organizations are the result of synergy. They argued that in order for synergy to result, team work must be combined in an organized manner so that positive cooperation results.

Their theory applies to both individual and companies that merge together.

You might be interested in

Consider a portfolio of stocks X, Y, Z whose returns in various economic conditions are set forth below.

jeka57 [31]

Answer:

The expected return is 10.95%

Explanation:

CALCULATE THE EXPECTED RETURN OF X

State _____Probability __X_____Expected return

Boom ____ 0.25 ______22% ___5.50%

Normal ___ 0.60 ______15% ___ 9.00%

Recession _0.15 _______5% ___ 0.75%

Total ______________________15.25%

CALCULATE THE EXPECTED RETURN OF Y

State _____Probability __Y_____Expected return

Boom ____ 0.25 ______10% ___ 2.50%

Normal ___ 0.60 ______9% ____5.40%

Recession _0.15 _______8% ___ 1.20%

Total ______________________9.10%

Now calculate the weighted average return based on investment in each portfolio

Expected return = ( Expected return of Assets X x Weight of Asset X ) + ( Expected return of Assets Y x Weight of Asset Y )

Expected return = ( 15.25% x $3000/$10000 ) + ( 9.10% x $7000/$10000 )

Expected return = 4.575% + 6.370%

Expected return = 10.945%

Expected return = 10.95%

5 0

3 years ago

Ellie has been working for an engineering firm and earning an annual salary of $80,000. she decides to open her own engineering

goldenfox [79]

Ellie would have annual expenses of $15000+$3000+$1000+$1200+$35000=$55,200. If she cashed in her $20.000 deposit then her balance owing would be $35,200 so she would have to make at least this much or preferably the $55,200 to break even.,

7 0

3 years ago

An intelligent enterprise uses _________ to answer marketing questions, which leads to effective marketing decision.

Semenov [28]

Answer:

Observational

Explanation:

hope it helps brainliest pls

3 0

2 years ago

Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the les

Murljashka [212]

Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.

As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.

Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.

Learn more here:

brainly.com/question/7780461

4 0

2 years ago

Financial ratios that reflect the degree to which a firm relies on borrowed funds are called ________ ratios. leverage liquidity

Vanyuwa [196]

Leverage would be your answer.

3 0

3 years ago