Ronald Coase quote
The main reason why it is profitable to establish a firm would seem to be that there is a cost of using the price mechanism. The most obvious cost of 'organizing' production through the price mechanism is that of discovering what the relevant prices are.
Ronald Coase
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Relevant, Would, Cost, Seem, Through, Price, Prices, Main, Main Reason, Firm, Most, Obvious, Discovering, Establish, Production, Organizing, Reason, Using, Mechanism, Why, Profitable
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