This topic contains a solution. Click here to go to the answer

Author Question: Individuals who specialize in activities that lower transaction costs are A) consumers. B) ... (Read 66 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
Individuals who specialize in activities that lower transaction costs are
 
  A) consumers.
  B) producers.
  C) bureaucrats.
  D) middlemen.

Question 2

The study of an individual's choice about what type of computer to buy is a subject of
 
  A) macroeconomics.
  B) microeconomics.
  C) an aggregate concept.
  D) not a concern for economic analysis.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakeserpa

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

D

Answer to Question 2

B





 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library