Question

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enni ghaint kio laayi aa dsseo maada jaa
hun aive naa keho 'mai bdl gya'
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WHY DO FIRMS EXIST?​

Answer 1

Answer:

Transaction costs are incurred in obtaining goods and services outside the firm, such as searching for the right people, negotiating a contract, coordinating the work, managing intellectual property and so on. Thus, firms came into being to make it easier and less costly to get work done.