Firms exist in order to minimize transactions costs. Tough that is only one of many reasons.
John Maynard Keynes
why do small firms continue to exist despite competition from large firms
Lilian Adam Smith has written: 'George Adam Smith'
Adam smith...........
Adam Smith was born in Kirkcaldy, Scotland.
Adam Smith was 62 when he died
Adam C Smith is 5' 9".
Adam Smith wrote the book called the wealth of nations
Adam Smith shared is father's name of Adam Smith and his mother's name was Margaret Douglas.
Adam Smith
Janet Adam Smith died in 1999.
Small firms exist because they help strengthen the economy. Smaller firms create jobs and pay taxes that help support the community.