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Author Question: Which of the following is not an element of friction-free commerce? A) Information is equally ... (Read 434 times)

beccaep

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Which of the following is not an element of friction-free commerce?
 
  A) Information is equally distributed.
  B) Transaction costs are high.
  C) Prices can be dynamically adjusted to reflect actual demand.
  D) Unfair competitive advantages are eliminated.

Question 2

The Internet is a worldwide network of computer networks.
 
  Indicate whether the statement is true or false



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jessicaduplan

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Answer to Question 1

B

Answer to Question 2

TRUE





 

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