Ejercicio 3 (d-h) - Especialització, costos de transacció i… · Economia de L'empresa UPF 2016
Tema: Especialització, costos de transacció i mercat versus empresa · Del examen Final Exam - Business Economics (December 2016) (2016)
Enunciado
3. Questions 17-24: Value functions, specialization, and market coordination mechanisms
Select the single correct answer for each of the following multiple-choice questions:
d.
The division of labor and specialization enhances productive efficiency because:
e.
Which of the following propositions regarding specialization is true?
f.
According to economic analyses, several American corporations have repatriated production from developing nations back to the United States (reshoring). What explains this managerial decision?
g.
Which of the following statements is true?
h.
Economists generally consider market coordination more efficient than state planning because:
Solución
Según los criterios oficiales de corrección
d. The division of labor and specialization enhances productive efficiency because:
Solución: 2. It lowers transformation costs.
e. Which of the following propositions regarding specialization is true?
Solución: 3. Transaction costs impose an upper boundary on the optimal level of specialization.
f. According to economic analyses, several American corporations have repatriated production from developing nations back to the United States (reshoring). What explains this managerial decision?
Solución: 2. Transaction and coordination costs abroad are excessively high, despite low local transformation costs.
g. Which of the following statements is true?
Solución: 4. None of the above.
h. Economists generally consider market coordination more efficient than state planning because:
Solución: 1. The price mechanism alleviates coordination problems, while private property rights mitigate motivation problems.
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