Firms are organized to keep their costs as low as possible by
A. comparing external transactions costs with internal operating cost.
B. analyzing supply and demand conditions.
C. minimizing their use of borrowed funds.
D. utilizing the latest technology.
Answer:A
Firms are organized to keep their costs as low as possible by
A. comparing external transactions costs with internal operating cost. B. analyzing supply and demand conditions. C. minimizing their use of borrowed funds. D. utilizing the latest technology.