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Other Fields Homework Help Economics Topic started by: Marwei on Feb 27, 2018



Title: Firms generally prefer not to outsource product design and manufacturing because:
Post by: Marwei on Feb 27, 2018
Firms generally prefer not to outsource product design and manufacturing because:
 a. these activities are common and standardized.
  b. these operations are more or less static.
  c. these operations involve a low investment.
  d. these operations require investment in highly specific assets.

QUESTION 2

To Schumpeter, the market process is called
 A) dynamic externalities
  B) static business formation
  C) creative destruction
  D) all of these choices.

QUESTION 3

Which of the following is most likely to incorporate a great deal of economic rent?
 a. sale of a bag of potato chips
 b. salary paid to an employee at the local Home Depot
  c. a soft drink sold by a vending machine
 d. sale of a rare stamp

QUESTION 4

_____ and _____ are major factors in de-integration, which act in opposite directions.
 a. Vertical restraints; opportunism
  b. Uncertainty; volumetric interdependence
  c. Asset specificity; uncertainty
  d. Volumetric interdependence; vertical restraints

QUESTION 5

The ____ is at the center of the market process.
 A) managers
  B) shareholders
  C) entrepreneur
  D) none of these choices.


Title: Firms generally prefer not to outsource product design and manufacturing because:
Post by: Tingya on Feb 27, 2018
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Title: Firms generally prefer not to outsource product design and manufacturing because:
Post by: Marwei on Feb 27, 2018
Bravo! This is awesome


Title: Firms generally prefer not to outsource product design and manufacturing because:
Post by: Tingya on Feb 27, 2018
Glad my efforts were helpful