Business, 08.04.2021 18:20 skdfnkjsdfh

What is the impact of the following factors on the optimal method of procuring an input. a. Benefits from specialization. multiple choice 1 Reduce the benefits of contracts. Reduce the benefits of vertical integration. Increase the benefits of vertical integration. Reduce the benefits of spot exchange. b. Bureaucracy costs. multiple choice 2 Reduce the benefits of spot exchange. Reduce the benefits of vertical integration. Reduce the benefits of contracts. Increase the benefits of vertical integration. c. Opportunism on either side of the transaction. multiple choice 3 Lead to less detailed contracts. Lead to contracts that are more detailed or vertical integration. Lead to the use of spot exchange. d. Specialized investments. multiple choice 4 Make spot exchange unattractive. Make vertical integration unattractive. Make contracts unattractive. e. Unspecifiable events. multiple choice 5 Make spot exchange unattractive. Make vertical integration unattractive. Make contracts unattractive. f. Bargaining costs. multiple choice 6 Lead to spot exchange. Lead to longer contracts or vertical integration. Lead to shorter contracts.

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What is the impact of the following factors on the optimal method of procuring an input. a. Benefits...

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