With coalition building and bargaining, transactions costs are higher the larger number of people involved.

Name: With coalition building and bargaining, transactions costs are higher the larger number of people involved.
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Question

Quizplus · Accepted Answer

As the number of people involved in coalition building and bargaining increases, coordinating their preferences, negotiating terms, and reaching agreements become more complex and time-consuming, leading to higher transaction costs.

With Coalition Building and Bargaining, Transactions Costs Are Higher the Larger