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The reduction of co-ordination and hold-up problems depends on: (a) Governance arrangements (b) Manager contracts (c) Required quality of finished product (d) Cost of upstream vertical supplies (e) The firm's marginal costs

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The reduction of co-ordination and hold-up problems depends on:

(a) Governance arrangements

(b) Manager contracts

(c) Required quality of finished product

(d) Cost of upstream vertical supplies

(e) The firm's marginal costs