Author Question: In a market system, the costs associated with exchanging goods are known as A) voluntary costs. ... (Read 70 times)

cool

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In a market system, the costs associated with exchanging goods are known as
 
  A) voluntary costs.
  B) signaling costs.
  C) wholesale costs.
  D) transaction costs.

Question 2

The money price of a good is also known as its
 
  A) relative price.
  B) case price.
  C) absolute price.
  D) subjective price.



gcook

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Answer to Question 1

D

Answer to Question 2

C



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