Economists have several ideas about why firms exist. 1. Explain why Armen Alchian and Harold Demsetz think

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Economists have several ideas about why firms exist.
1. Explain why Armen Alchian and Harold Demsetz think that firms exist.
2. Define shirking and explain how firms can reduce it.
3. Explain why Ronald Coase thinks that firms exist.
4. Explain why individuals join a firm.
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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