Question: Select all that apply It is optimal to acquire an input through a contract when the cost of the contract is less than the transaction

Select all that apply
It is optimal to acquire an input through a contract when
the cost of the contract is less than the transaction costs.
vertical integration reduces the level of opportunism.
the contracting environment is simple.
the desired input does not involve any specialized investments.
Select all that apply It is optimal to acquire an input

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