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Business, 24.10.2021 02:50 dakotacsey03

Coase makes a case for the benefits of internalizing contracting services as a means to lower market transaction costs, incentivizing the emergence of firms within a free market. Too much growth, however, risks diminishing returns to the firm because of problems with centralized planning and bureaucratic management. This balance establishes the boundaries of a firm's growth. However, the growth of present-day firms seem unimpeded by this dynamic. How might Carson or Long explain this

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