Question: Long-term contracts are generally preferred when, ceteris paribus , Multiple Choice the marginal cost of writing the contract decreases. the marginal cost of writing the

Long-term contracts are generally preferred when,ceteris paribus,

Multiple Choice

  • the marginal cost of writing the contract decreases.
  • the marginal cost of writing the contract increases.
  • specialized investments are less important.
  • the marginal benefit of writing the contract falls.

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