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Author Question: Costs that pertain to finding a trading partner and making a trade are called A) transaction ... (Read 60 times)

SAVANNAHHOOPER23

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Costs that pertain to finding a trading partner and making a trade are called
 
  A) transaction costs.
  B) transgression costs.
  C) consumption costs.
  D) transaction taxes.

Question 2

Consumers and firms are known as price takers only if
 
  A) no market exists to determine the equilibrium price.
  B) they can set the market price.
  C) they cannot unilaterally affect the market price.
  D) excess demand exists.


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IAPPLET

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SAVANNAHHOOPER23

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


Jsherida

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Reply 3 on: Yesterday
Excellent

 

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