Comment Comment by slsii There's a ~long history of people attempting to answer that question: https://en.wikipedia.org/wiki/Theory_of_the_firmFrom the article, "Firms exist as an alternative system to the market-price mechanism when it is more efficient to produce in a non-market environment." parent slsii 8 years ago
From the article, "Firms exist as an alternative system to the market-price mechanism when it is more efficient to produce in a non-market environment."