Jiffyburger, a fast-food outlet, sells approximately 8,000 quarter-pound hamburgers in a given week.To meet that demand, Jiffyburger needs 2,000 pounds of ground beef delivered to its premises every Monday morning by 8:00
A.M.sharp.If you were the manager of a Jiffyburger franchise, how would you acquire the ground beef? Explain.
I would use a contract, since this would decrease the problems of opportunism while still allowing for specialization in production.

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The Answer of Jiffyburger, a fast-food outlet, sells approximately 8,000 quarter-pound hamburgers in a given week.To meet that demand, Jiffyburger needs 2,000 pounds of ground beef delivered to its premises every Monday morning by 8:00
A.M.sharp.If you were the manager of a Jiffyburger franchise, how would you acquire the ground beef? Explain.
I would use a contract, since this would decrease the problems of opportunism while still allowing for specialization in production.

Jiffyburger, a Fast-Food Outlet, Sells Approximately 8,000 Quarter-Pound Hamburgers in a Given