a. What are contracting costs? b. Give a few examples of contracting costs? c. What effect does

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a. What are contracting costs? 

b. Give a few examples of contracting costs? 

c. What effect does the existence of contracting costs have on market economies?

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Managerial Economics and Organizational Architecture

ISBN: 978-0073375823

5th edition

Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr

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