How are the boundaries of the firm best established

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According to Coase's theory of the firm, why do firms exist?

How do firms contribute to the efficiency of the market economy in ways that 'networks of independent contractors' do not?

How are the boundaries of the firm best established?

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In the given assignment we have discussed about the Coase's theory of firm. We have explained about the existence of firm, how they contribute to the efficiency of market and how we can establish the boundaries of the firm in the economy.

Reference no: EM131887496

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