Quinton's refrigerator has just died. He can get a basic refrigerator or a more efficient and environmentally friendly refrigerator with an Energy Star designation. Quinton earns 4% compounded annually on his investments, he wants to consider a IO-year planning horizon, and he will use present worth analysis to determine the best alternative. What is your recommendation

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.